Tag Archives: SIM swapping

A teenager hailing from the Hamilton, Ontario area of Canada has been arrested for allegedly taking part in a SIM swapping incident that stole as much as $46 million in crypto funds. The victim, who is unnamed at the time of writing, is situated in the United States. SIM Swapping Is a Big Problem The arrest occurred following a joint investigation led by the United States Secret Service Electronic Crimes Task Force and the Federal Bureau of Investigation (FBI), which...

Phone service provider AT&T is once again being sued over a potential SIM-swapping case. This time, the plaintiff is a man named Seth Shapiro, who says that AT&T mishandled his number transfer, causing him to lose as much as $1.9 million in cryptocurrency funds.SIM-Swapping Isn’t DisappearingSIM-swapping has become one of the most dangerous and prominent ways of garnering funds that one has no right to. The process can be done in one of two ways. The hacker potentially gets a hold of...

Ein Teenager aus New York soll durch sogenanntes SIM-Swapping eine Million US-Dollar in Kryptowährungen gestohlen haben. Mit Hilfe des sogenannten „Sim-Karten-Swap“ soll der Jugendliche 75 Menschen betrogen und mehr als eine Million US-Dollar in Kryptowährungen erbeutet haben. Der 19-jährige Yousef Selassie soll sich gezielt wohlhabende Opfer gesucht und diese um ihre Krypto-Vorräte erleichtert haben....

Ein Teenager aus New York soll durch sogenanntes SIM-Swapping eine Million US-Dollar in Kryptowährungen gestohlen haben. Mit Hilfe des sogenannten „Sim-Karten-Swap“ soll der Jugendliche 75 Menschen betrogen und mehr als eine Million US-Dollar in Kryptowährungen erbeutet haben. Der 19-jährige Yousef Selassie soll sich gezielt wohlhabende Opfer gesucht und diese um ihre Krypto-Vorräte erleichtert haben....

Another case of SIM-swapping is in the books. This time, the culprit is allegedly a 19-year-old man based in Brooklyn, New York, who may have stolen as much as $1 million in assorted crypto funds from various individuals.SIM-Swapping Is Becoming More CommonThe thief – named Yousef Selassie – is presently charged with grand larceny, identity theft and computer trespass among other things. He will face trial and judgement in a Manhattan district court.SIM-swapping is growing in popularity...

SIM-swapping cases appear to be a recurring incident in the cryptocurrency world, but the latest case involves two individuals displaying aggression that has yet to be seen in situations like this.SIM-Swapping: Is It Becoming More Common?The two people accused of the SIM-swapping are 21-year-old Eric Meiggs and 20-year-old Declan Harrington, who reportedly went after two very high-ranking social media executives. When they were caught, they allegedly spewed out threats to the victims’ family...

Cell phone and internet provider AT&T isn’t putting up with allegations that it allowed SIM-swapping to occur. It is now readying itself for what will no doubt be a harsh legal fight against those who are seeking reparations due to potential AT&T employees that might have played a part in millions of crypto funds being stolen over the past several months.SIM-Swapping Is a Huge ProblemSIM-swapping is a very deadly (but also popular) tactic utilized by several members of the cyberthief...

In the past, we’ve reported that AT&T has been the subject of lawsuits in that it allowed its employees to take part in SIM-swapping attempts, so hackers could gain access to potential cryptocurrency holders’ phones. A new case has emerged today that sees the phone company at the center of an $18 million lawsuit.AT&T Is at the Center of a Crypto Fight… AgainThe plaintiff is Seth Shapiro of Torrance, California. Shapiro describes himself as an “Emmy-winning media and technology...