Teen Hacker Forced to Return $5.2M in Bitcoin and Seized Sports Car by Federal Authorities

The U.S. Department of Justice is seeking to seize $5.2 million in Bitcoin from a teenage hacker who stole the cryptocurrency from crypto executives in 2016. The hacker, Ahmad Wagaafe Hared, was involved in a SIM-swapping scheme where he tricked cell phone carriers into handing over control of the victims' phones. Hared also purchased a sports car with the stolen Bitcoin. The scheme was uncovered in 2019, leading to the arrest of Hared and his co-conspirator.