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Israeli Citizen Accused of Stealing Over $1.7 Million in Crypto

Published 07/18/2019, 09:55 PM
Updated 07/18/2019, 10:01 PM
Israeli Citizen Accused of Stealing Over $1.7 Million in Crypto

Eliyahu Gigi, a 31-year-old from Tel Aviv, has been charged with stealing over $1.7 billion in a variety of cryptocurrencies. Gigi allegedly stole BTC, Ethereum, and Dash from users in the Netherlands, Belgium, and Germany.

Lawyer Yeela Harel of the cyber department in the State Attorney's Office filed charges against Gigi on July 17, according to a report published the same day by Globes. Gigi has reportedly been charged with crimes including theft, fraud, and money laundering, among others.

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