Teenage California Crypto Thieves Pinch $35 Million in SIM Swap Scam

2019-5-23 15:59

By CCN: Hackers, many in their teens, have drained the accounts of more than 50 Californian victims in a $35 million SIM swap heist. Officials estimate that in total, $50 million has been stolen in related attacks around the US since the beginning of 2018.

The online scammers have targeted California in particular with the San Francisco Bay area seeing the bulk of the attacks. SIM swapping is the process of porting a mobile number to another SIM card without a users knowledge or consent. Thieves are then able to fake identification to gain access to sensitive portals like an

The post Teenage California Crypto Thieves Pinch $35 Million in SIM Swap Scam appeared first on CCN

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Источник: ccn.com

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Oklahoma Officials Arrest 2 Men Suspected of Masterminding a $14-Million SIM Swap Cryptocurrency Heist

Cryptocurrency-related crimes are closely resembling those drawn out of a James Bond movie script. In late September, Oklahoma officials arrested two men, 21-year-old Joseph Harris and 23-year-old Fletcher Robert Childers, for allegedly stealing around $14 million using SIM-swapping methods from Crowd Machine, a blockchain firm.

2018-10-15 17:59


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