NFT Scammer Jailed for $794K Theft via Hacked X Accounts

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NFT Scammer Jailed After Hijacking X Accounts for $794,000 Theft

Written by Aaron S.,

Editor-In-Chief

Last Updated: July 31, 2025

Key Takeaways

Cameron Redman was sentenced to a year in prison for stealing crypto and NFTs through hacked X accounts and fake giveaway sites;
The scam tricked over 200 people into giving wallet access, which led to $794,000 in stolen digital assets;
Redman had previously served time for a $40 million SIM-swap scam and returned to fraud soon after his release.

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NFT Scammer Jailed After Hijacking X Accounts for $794,000 Theft

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Cameron Albert Redman, a 22-year-old from Canada, has been sentenced to a year in US federal prison for helping run a scam that stole cryptocurrency and non-fungible tokens (NFTs) by hacking X accounts.

In 2022, Redman and his partners gained access to the X accounts of digital creators and brands, then used those accounts to post links to fake websites.

These websites appeared to be from real artists or companies and promised followers free NFT giveaways.

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People who clicked the links were asked to approve a transaction they thought would deliver digital collectibles to their wallets. Instead, it gave Redman’s group permission to take control of the wallets.

The scammers took both cryptocurrencies and NFTs and sold the assets. US officials stated that over 200 people were tricked, and the group made about $794,000 in a short period of time.

Some of the hacked accounts belonged to public figures and projects like Beeple, Gary Vaynerchuk, the Nouns community, and luxury brand Louis Vuitton.

According to court filings, Redman had already served time in Canada as a teenager for a large SIM-swap theft, which led to more than $40 million in stolen crypto. Authorities described Redman as someone who planned and carried out his actions from his father’s basement.

The charges in this latest case include conspiracy to commit wire fraud, wire fraud, and conspiracy to commit identity theft.

On July 29, Rowland Marcus Andrade, creator of AML Bitcoin, was sentenced to seven years in prison. What caused the sentencing? Read the full story.