10 Arrested Over SIM-Swap Hacks That Stole $100M in Crypto From Celebrities: ...
The alleged international criminal network targeted online influencers, sports stars, musicians and their families in the U.S.
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Joseph Chase Oaks allegedly used SIM-swap hacks to access victim's online accounts between August 2018 and October 2019.
The hackers allegedly stole over $1.3 billion overall through various schemes.
A teenager has been arrested in Canada after committing what law enforcement officials in Ontario have described as the largest crypto theft by a single person. The Canadian is accused of stealing tens of millions of dollars through a SIM swap targeting a crypto holder in the U.S.
Teen Arrested in Canada for Stealing Crypto Fortune From American
A young Canadian from Hamilton, Ontario province, has been accused of stealing cryptocurrency worth $46 million Canadian dollars (over $36 million). The digital money was allegedly misappropriated in a SIM swapping attack on a victim....
The European law enforcement agency, Europol, has arrested 10 people believed to be members of the criminal gang that stole cryptocurrencies with an estimated value of $100 million. The arrests follow an international investigation into a series of sim swapping attacks that occurred in 2020. According to Europol, this criminal gang had also targeted high-profile victims that are based in the U.S. The Hijacking of Mobile Devices In a statement following the arrests, the law enforcement agency explains that eight members of the gang were nabbed on Feb. 9. The two other members, one from....
The crypto industry is always subject to different kinds of security threats, with hackers and scammers developing new methods every now and then. As crypto adoption grows, so do the threats facing digital asset owners. While recent data have shown that crypto hacks regarding Web3 and DeFi platforms have been falling in the first half […]