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Canadian Cameron Redman Convicted for Phishing Fraud Involving 250 ETH

Cameron Redman receives a one-year prison sentence for orchestrating a phishing scheme that defrauded over 200 victims, resulting in $794,000 in losses.

ETH

Summary

Cameron Albert Redman was sentenced to one year in prison for using a hacked X account to steal NFTs and cryptocurrency, defrauding over 200 victims and amassing $794,000. He misled victims with counterfeit links to fake websites. Redman was extradited from Portugal in March 2025 and faced charges of wire fraud and conspiracy to commit aggravated identity theft, with assistance from the Royal Canadian Mounted Police Cybercrime Unit.

Terms & Concepts
  • NFT: Non-fungible tokens, unique digital assets verified using blockchain technology, often representing art, music, or other digital content.
  • wire fraud: A federal crime involving the use of electronic communications to commit fraud, typically involving financial transactions.
  • aggravated identity theft: A federal crime that involves the unauthorized use of someone else's identity with the intent to commit fraud.