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Laurence Watt



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Feds Nab Two Suspects in Alleged $550K Crypto-Fueled Scam

November 14, 2019

Two men have been charged with carrying out a nationwide cyber scheme. The U.S. DOJ alleges the men stole, or tried to steal, more than $550,000 in cryptocurrencies. The case comes in the wake of an uptick in cybercrime. Two Massachusetts men were arrested on Thursday and charged with carrying out a nationwide scheme to steal people’s social media accounts and their cryptocurrency. According to the U.S. Department of Justice (DOJ), Eric Meiggs, 21, and Declan Harrington, 20, targeted at least 10 victims in the country. Meiggs and Harrington “allegedly stole, or attempted to steal, over $550,000 in cryptocurrency from these victims alone” using techniques such as SIM swapping, computer hacking, and other methods. SIM Swapping SIM swapping is a method used by fraudsters to hack into

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