← All storiesGeneralDeveloping story

British man pleads guilty to conspiring to steal $8m in virtual currency

A British man has pleaded guilty to conspiring to hack the computers of at least a dozen companies and to steal at least $8m (£5.9m) in virtual currency from people in the US. The US Department of Justice (DOJ) said 24-year-old Tyler Buchanan, from Dundee, and his co-conspirators defrauded companies and their employees through SMS phishing attacks. These are messages sent to mobile phones luring people to websites that prompt them to provide confidential personal details, including account names and passwords. Buchanan, who has been in US federal custody since April 2025, is scheduled for sentencing on 21 August, when he will face a maximum sentence of 22 years in prison. Between September 2021 and April 2023, Buchanan and others planned cyber attacks on entertainment, telecommunications, technology, and virtual currency companies, according to the DOJ. The group sent hundreds of phishing messages to employees of those organisation, then used their stolen credentials to access accounts and steal confidential company information. Buchanan admitted in his plea agreement that he and several co-conspirators used the stolen information to steal millions of dollars' worth of virtual curr

1
updates in timeline
1
distinct sources
1 day
story span
Apr 18, 2026
latest update

Apr 18, 2026 → Apr 18, 2026

LATEST DEVELOPMENT
Apr 18, 2026·BBCT2 · Outlet report
British man pleads guilty to conspiring to steal $8m in virtual currency

A British man has pleaded guilty to conspiring to hack the computers of at least a dozen companies and to steal at least $8m (£5.9m) in virtual currency from people in the US. The US Department of Justice (DOJ) said 24-year-old Tyler…

Read original at BBC →
ACTIVITY · UPDATES PER MONTH
Apr 26

1 updates from 1 source.

Showing 1 of 1 updates

Timeline (1 updates)

April 2026

1 update
Apr 18, 2026·BBCT2 · Outlet reportLATEST
British man pleads guilty to conspiring to steal $8m in virtual currency

A British man has pleaded guilty to conspiring to hack the computers of at least a dozen companies and to steal at least $8m (£5.9m) in virtual currency from people in the US. The US Department of Justice (DOJ) said…

Read original at BBC →

Sources & evidence (1)

What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

T2 · Outlet report× 1
COVERAGE BY SOURCE
BBC 1
STRONGEST EVIDENCE
T2 · Outlet reportBBCApr 18, 2026

A British man has pleaded guilty to conspiring to hack the computers of at least a dozen companies and to steal at least $8m (£5.9m) in virtual currency from people in the US. The US Department of Justice (DOJ) said 24-year-old Tyler…

View source →

Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary

Related stories

TechnologyT2 · Outlet report

US supreme court rejects Republican-drawn midterm map in Missouri for third time – as it happened

Long-running fight over Trump-backed maps takes another turn as absentee voting is already under way in Missouri. This blog is now closed. Sign up for US Breaking News emails Xi…

13 updates3 sources9 days long
Sep 26, 2026 → Oct 5, 2026
Latest: Trump Hits Campaign Trail as GOP Support Slips · Bloomberg
PoliticsT2 · Outlet report

US Visa Ban Hits Judge at Center of Chinese Port Dispute in Peru

The Trump administration’s decision to revoke the visa of a Peruvian judge who sided with a Chinese company in a port dispute puts a new spotlight on the growing US-China rivalry…

2 updates1 source3 days long
Oct 1, 2026 → Oct 4, 2026
Latest: Bolsonaro Surges to Lead as Brazil Swings to the Right · Bloomberg
PoliticsT2 · Outlet report

Bosnia Election: Donald Trump’s Promises Foster Rare Unity

As Bosnians vote in an election this weekend, the country is embracing the US president’s family and friends.

2 updates1 source
Oct 4, 2026
Latest: Pro-Russia Dodik Hails Trump as Allies Win in Bosnia Vote · Bloomberg
PoliticsT2 · Outlet report

US Policy on Taiwan Unchanged After Xi Visit, Perdue Says

Donald Trump and Xi Jinping discuss Taiwan arms sales every time they get together but the American stance on the self-ruled island remains unchanged following the Chinese…

3 updates1 source7 days long
Sep 27, 2026 → Oct 4, 2026
Latest: Taiwan’s Envoy Prods Trump Administration on Stalled Arms Sale · Bloomberg
PoliticsT2 · Outlet report

Trump Set to Name Jay Clayton as AI Czar With Safety Fear Rising

President Donald Trump is expected to name US Director of National Intelligence Jay Clayton as his next artificial intelligence czar, according to a person familiar with the…

4 updates3 sources2 days long
Oct 2, 2026 → Oct 4, 2026
Latest: Trump names four officials to lead his Super Intelligence Force · The Next Web
PoliticsT2 · Outlet report

Venezuela Sends FBI-Wanted Suspect to US in Sign of Deeper Ties

A Venezuelan national wanted by the FBI has been sent to the US to face trial, the latest sign of deepening law-enforcement cooperation between Caracas and the Trump…

1 update1 source
Oct 3, 2026
Latest: Venezuela Sends FBI-Wanted Suspect to US in Sign of Deeper Ties · Bloomberg