Whereas EOS isn’t talked about as a blockchain with a real-world use case, the cryptocurrency has confirmed to be very helpful within the newest extradition of an Uzbek nationwide residing in Ukraine: Nikita Sklyuev, also referred to as Valeriy Dorojkin, was lastly extradited this week to face fees associated to wire fraud from 2019.
In response to paperwork from the 2019 fees, Sklyuev created a faux EOS pockets explorer that was in a position to entry the non-public keys of a consumer who held over two million EOS — valued at $11.8 million on the time — and transfer the crypto onto Binance and Bitfinex, the place he then traded into Ethereum and finally cashed out.
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Over half the stolen EOS has not been touched but and is presently valued at about $640,000 — a decline of 86% from when it was hacked.
Sklyuev hacked the ‘Hodgetwins’ — a Republican-leaning comedy duo with thousands and thousands of followers — again in 2018 in response to an previous Steemit put up.
Learn extra: How wire fraud, not securities violations, lands crypto criminals in jail
Uzbekistan, Ukraine, and the Western District of New York
It’s unclear what the 37 year-old Uzbek nationwide was doing in Ukraine, however his presence within the Western-aligned nation definitely made his extradition simpler.
Sklyuev arrived within the US on June twentieth, together with his mugshot circulating on Fb upon his arrival.
Sklyuev faces as much as 20 years in jail and a high quality of $250,000 — although he’s more likely to spend lower than 20 years behind bars.