ZachXBT: Harsher Penalties Needed for SIM Swap Fraud, Juvenile Offenders Punished Too Lightly
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to a report by Jinse Finance, on-chain detective ZachXBT stated that SIM card swapping/social engineering fraud requires harsher penalties. The laws in Canada/EU are very lenient, allowing perpetrators to escape many punishments. Many of them are minors, which enables them to evade more penalties, and their details are protected (this is why I disclose their full names regardless of age).
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
Crypto prices
MoreBitcoin
BTC
$77,221.09
-1.36%
Ethereum
ETH
$2,465.66
-0.47%
Tether USDt
USDT
$0.9996
-0.02%
BNB
BNB
$714.58
-0.64%
XRP
XRP
$1.35
-2.53%
USDC
USDC
$0.9998
-0.03%
Solana
SOL
$99.67
-2.01%
TRON
TRX
$0.3386
-0.36%
Hyperliquid
HYPE
$79.71
-4.87%
Zcash
ZEC
$1,103.01
-10.20%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now