Court Releases Jared Omariba on Sh500,000 Bond in Alleged Sh633,000 Binance Account Hack

Court Releases Jared Omariba on Sh500,000 Bond in Alleged Sh633,000 Binance Account Hack

A Nairobi court has released Jared Amima Omariba on a Sh500,000 bond after he denied charges of unauthorized access to a computer system involving an alleged Sh633,000 Binance account hack.

Omariba, also known as “Maddzoneash,” is accused of accessing a mobile phone and a Binance cryptocurrency account belonging to Joe Irungu Mwangi and stealing 4,900 USDC, valued at approximately Sh633,300.

The alleged offence is said to have occurred on September 12, 2025, at the Beneath the Baobab Festival campsite in Kilifi County.

Jared Amima Omariba before Milimani law courts on April 20,2026


Omariba who appeared before Chief Magistrate Lucas Onyina at the Milimani Law Courts, pleaded not guilty to the charge.

Through his defence, Omariba requested lenient bond terms, stating that he is a 24-year-old recent college graduate from a struggling family and has ties within Nairobi. 

His lawyer also asked the court to supply witness statements ahead of trial and fix a hearing date.

The prosecution did not oppose his release on bond but urged the court to impose strict conditions.

“The Prosecution is not opposed to bond but urges this Honourable Court to impose stringent bond terms for two main reasons,” the prosecution stated.

One was that the court had conducted  investigations which revealed that the accused allegedly used multiple identities card while travelling on the SGR, attending a seminar, and when registering the cryptocurrency account.

The State further argued that Omariba has no fixed place of abode, describing him as a potential flight risk and urging strict bond terms to secure his attendance in court.

In response, the defence stated that the accused resides in Embakasi, Nairobi, and that both his parents live in the city and are willing to act as contact persons. His mother was present in court during the proceedings.

“The accused is 24 years old and does not have a fixed place of abode as he resides within Embakasi, Nairobi with his parents,His mother is in court to sign as a contact person to ensure he attends court,” the defence counsel told the court.

Chief Magistrate Onyina directed that the defence be supplied with witness statements and granted Omariba a Sh500,000 bond or an alternative cash bail of Sh200,000, with one contact person required.

The case will be mentioned on May 4, 2026, for pretrial directions.

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