Arrests in $400M SIM-Swap Tied to Heist at FTX?

Credit to Author: BrianKrebs| Date: Thu, 01 Feb 2024 18:41:37 +0000

Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for bankruptcy on that same day.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Credit to Author: BrianKrebs| Date: Tue, 30 Jan 2024 19:07:18 +0000

On Jan. 9, 2024, U.S. authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacking group blamed for a string of cyber intrusions at major U.S. technology companies during the summer of 2022.

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Here’s Some Bitcoin: Oh, and You’ve Been Served!

Credit to Author: BrianKrebs| Date: Wed, 10 Jan 2024 13:39:37 +0000

A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. The case is thought to be the first in which a federal court has recognized… Read More »

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