Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Morning briefing: Blackstone flips Hipgnosis songs catalogues for up to $4bn; International Biotechnology scores 39% half-year return; plus Workspace, Ceiba Investments, Ecofin US Renewables, Home REIT, Augmentum Fintech – QuotedData
  • Elliptic reels in $120M for its cryptocurrency analytics platform
  • SAP ramps up push to bring AI agents to finance teams
  • Finance minister : Latest News Headlines, Videos and Photo Galleries on Finance minister
  • Goldman predicts AI agent investments to exceed $1 trillion globally By Investing.com
  • Restructuring PLN's transmission business could lower financing costs and align grid investment with Indonesia's energy transition needs – Institute for Energy Economics and Financial Analysis (IEEFA)
  • Binance’s AI Defense Systems Thwart $10.5B in Cryptocurrency Fraud Attempts
  • Legislature passes measure to combat fraud, cryptocurrency scams : Maui Now
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Cryptocurrency»Palm Coast teen in cryptocurrency scam seeks release from jail
Cryptocurrency

Palm Coast teen in cryptocurrency scam seeks release from jail

April 3, 20245 Mins Read



Noah Michael Urban went by various aliases, including “Elijah” and “King Bob” and is charged in federal court as being part of a scheme that led to theft of at least $800,000 in cryptocurrency.

A Palm Coast teen who went by aliases including “King Bob” and was accused of participating in an $800,000 cryptocurrency theft scheme should remain locked up awaiting trial in part because even his own parents can’t handle him, a federal prosecutor argued.

Noah Michael Urban, 19, was arrested in January and indicted on eight counts of wire fraud, one count of conspiracy to commit wire fraud, and five counts of aggravated identity theft.

Urban was part of a scheme that resulted in the theft of at least $800,000 from at least five different victims between August 2022 and March 2023, according to the indictment.

Urban used aliases including “Sosa,” “Elijah,” “Gustavo Fring” and “King Bob,” the indictment stated.

Federal Magistrate Judge Joel Toomey ordered at a Jan. 19 detention hearing that Urban remain jailed as he waited for his case to proceed through the court system. But Urban is appealing that decision. A prosecutor is arguing that Urban should remain locked up.

“It was clear from the evidence that even the defendant’s own parents, witnesses provided by the defendant himself, would be unable to deal with the defendant if he was released,” Assistant U.S. Attorney John Cannizzaro wrote.

‘Significant ties to community’

In her motion appealing the magistrate’s decision, Urban’s attorney, Assistant Federal Defender Kathryn Sheldon, argued that Urban does not pose a serious flight risk.

Urban is “a long-time resident of Florida” and he has “significant ties to the community including all his family that lived within 20 minutes of his temporary residence,” the motion states.

Urban can live with either his mother or father while his case goes through the court system, Sheldon wrote.

“The evidence was presented Mr. Urban could have stable residence with either his mother or his father during the pendency of the litigation,” she wrote.

Urban was living at an Airbnb when he was arrested.

Urban “grew tired of waiting at his father’s residence” and went to live temporarily at an Airbnb, the motion states.

Urban “voluntarily met with government agents across the country and remained in the community for months awaiting for a warrant to be issued,” according to Sheldon’s motion.

He made no plans to flee the country during that time, he has no prior arrests and has not failed to appear for a court date, the motion states.

Urban used his friend’s account to book the Airbnb because “he did not have significant enough credit to book the house for that length of time,” Sheldon wrote in the motion.

He did not change his phone number, and the government could have reached him had they called, she wrote.

“As to the issue of whether he has traveled internationally, he is 19 years old and was not aware of all the trips he had taken as a child,” Sheldon wrote.

Sheldon wrote that officials said Urban told his co-conspirators that he had been raided by the FBI. Officials also said that Urban accessed cryptocurrency in violation of an agreement with those officials. But she wrote that Urban had received a refund of cryptocurrency from a gambling website. Sheldon wrote that Urban said the co-conspirators were already aware of the raid due to his absence.

Sheldon wrote that Urban was strengthening the encryption on his computer when FBI agents arrived at his residence but since it was not complete, the agents had access to everything in the computer.

Urban’s mother did not trust him on computers

Prosecutor Cannizzaro wrote that while Sheldon said Urban could have been released to his parents, “even his own parents presented obstacles in their ability to serve as such.”

Urban’s father, identified as a “Dr. Urban” said that his son “was living in various Airbnbs, did not have any employment whatsoever but was paying his father rent to live in a previous house, and was so intelligent that he could possibly use his father’s Wi-Fi even if not being told the password,” Cannizzaro’s motion states.

Urban’s mother, Jennifer Walck, stated that Noah Urban “would not follow her rules and was kicked out of her home, that she did not trust him on computers, and that he was secretive,” according to the prosecutor’s motion.

The prosecutor also wrote that Urban’s assertion that he was not deleting files on his computer when federal agents showed up, but rather making the computer more secure, is even more reason to keep him locked up.

Had Urban been deleting files, “it would tend to show he was abandoning them in hopes of making sure that no one has access to them ever again,” the prosecutor wrote.

“But the defendant wanted to encrypt an already encrypted computer to ensure that the defendant would still have access to all the encrypted information but that the government would not have access to information,” the prosecutor wrote.

The prosecutor wrote that it was “classic obstruction.”

The prosecutor went on to list the judge’s reasons for keeping Urban locked up: using an alias, no job history, no fixed address and he declined to answer questions about his financial situation or how he paid rent or for personal property. Urban also communicated with co-conspirators after saying he wouldn’t and he declined to provide a urine sample.

He asked that Urban remain locked up.

Urban’s is next scheduled to appear in federal court in Jacksonville on May 29 for a status conference. His trial is scheduled for June 3.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Elliptic reels in $120M for its cryptocurrency analytics platform

May 12, 2026 Cryptocurrency

Binance’s AI Defense Systems Thwart $10.5B in Cryptocurrency Fraud Attempts

May 12, 2026 Cryptocurrency

Legislature passes measure to combat fraud, cryptocurrency scams : Maui Now

May 11, 2026 Cryptocurrency

Daily Observation of Cryptocurrency Concept Stocks: MARA Holdings Q1 disclosed after the market today, the narrative of mining companies' AI transformation receives its first financial validation amid the recovery of BTC prices – 链捕手ChainCatcher

May 11, 2026 Cryptocurrency

XRP vs Solana (SOL): Which Cryptocurrency Offers Better Returns in 2026?

May 11, 2026 Cryptocurrency

Cryptocurrency News: Pepeto Nears Exchange Listing While Cardano Price Prediction Targets Recovery After Hoskinson’s Consensus Keynote

May 10, 2026 Cryptocurrency
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Morning briefing: Blackstone flips Hipgnosis songs catalogues for up to $4bn; International Biotechnology scores 39% half-year return; plus Workspace, Ceiba Investments, Ecofin US Renewables, Home REIT, Augmentum Fintech – QuotedData

May 12, 2026 Investments 1 Min Read

Morning briefing: Blackstone flips Hipgnosis songs catalogues for up to $4bn; International Biotechnology scores 39%…

Elliptic reels in $120M for its cryptocurrency analytics platform

May 12, 2026

SAP ramps up push to bring AI agents to finance teams

May 12, 2026

Finance minister : Latest News Headlines, Videos and Photo Galleries on Finance minister

May 12, 2026
Our Picks

Morning briefing: Blackstone flips Hipgnosis songs catalogues for up to $4bn; International Biotechnology scores 39% half-year return; plus Workspace, Ceiba Investments, Ecofin US Renewables, Home REIT, Augmentum Fintech – QuotedData

May 12, 2026

Elliptic reels in $120M for its cryptocurrency analytics platform

May 12, 2026

SAP ramps up push to bring AI agents to finance teams

May 12, 2026

Finance minister : Latest News Headlines, Videos and Photo Galleries on Finance minister

May 12, 2026
Our Picks

Maracas in hand, my toddler wanders freely through a gallery of priceless ceramics | Art and design

May 11, 2026

Market Harborough Building Society secures approval to enter motor finance market

May 11, 2026

Daily Observation of Cryptocurrency Concept Stocks: MARA Holdings Q1 disclosed after the market today, the narrative of mining companies' AI transformation receives its first financial validation amid the recovery of BTC prices – 链捕手ChainCatcher

May 11, 2026
Latest updates

Morning briefing: Blackstone flips Hipgnosis songs catalogues for up to $4bn; International Biotechnology scores 39% half-year return; plus Workspace, Ceiba Investments, Ecofin US Renewables, Home REIT, Augmentum Fintech – QuotedData

May 12, 2026

Elliptic reels in $120M for its cryptocurrency analytics platform

May 12, 2026

SAP ramps up push to bring AI agents to finance teams

May 12, 2026
Weekly Updates

Tube Investments Q1 Results: Higher expenses weigh on margin despite strong revenue growth

August 1, 2025

MultiBank.io Ushers in a New Era for Crypto Derivatives Trading

May 3, 2024

Grip Invest marks $100 million in annualised investments

January 22, 2025
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2026 Finance Pro

Type above and press Enter to search. Press Esc to cancel.