British National Pleads Guilty to Hacking into Companies and Stealing At Least $8 Million in Virtual Currency


SANTA ANA, California – A United Kingdom man pleaded guilty today to conspiring with others to hack into the computer systems of at least a dozen companies via text message phishing attacks and to steal at least $8 million in virtual currency from individual victims throughout the United States.

Tyler Robert Buchanan, 24, of Dundee, Scotland, pleaded guilty to one count of conspiracy to commit wire fraud and one count of aggravated identity theft. Buchanan has been in federal custody since April 2025. According to his plea agreement, from September 2021 to April 2023, Buchanan and other individuals conspired to conduct cyber intrusions and virtual currency thefts.

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Source: U.S. Department of Justice 


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