22-year-old Cameron Redman from Canada was sentenced to 12 months and one day in prison for hacking into accounts on the X social network and stealing digital assets worth about $794,000. In addition, the court sentenced him to three years of probation, ordered him to pay compensation to the victims in the amount of $248,000 and a fine of $60,400.
According to the District Court of Virginia, Redman was found guilty on three counts: conspiracy to commit wire fraud, wire fraud itself, and conspiracy to commit felony identity theft.
The case materials note that Redman and his unknown accomplices defrauded more than two hundred people in just a few days. Using hacked accounts of famous digital artists and brands, they posted phishing links that misled users. Among the hacked pages, as follows from the descriptions and screenshots, were the accounts of NFT artist Mike Winkelmann, better known as Beeple, the fashion house Louis Vuitton, and the Nouns project - five accounts in total.
The attackers lured victims with promises of giving away cryptocurrency and free tokens. According to law enforcement officials, users thought they were receiving NFTs in their digital wallets, but in fact they were allowing criminals to steal cryptocurrency and non-fungible tokens (NFTs).
Prosecutors described Redman as an experienced hacker and repeat offender. In his youth, he had already spent a year in prison for stealing cryptocurrency worth more than $ 40 million using a SIM swap - an attack with a SIM card replacement. According to court documents, after his release, the young man lived in the basement of his father's house and continued to look for new ways to commit crimes.
It is worth noting that in July 2025, the Indian police began an investigation into the theft of crypto assets worth $44 million from the CoinDCX exchange. According to the investigation, the attackers gained access to corporate wallets through the laptop of one of the company's employees.
Thus, the Cameron Redman case has become another example of serious security threats in the digital world and reminds us of the importance of protecting personal data and digital assets.