Bitcoin
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$67,418.00 0.52669
Bitcoin price
Ethereum
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$3,527.59 -0.03038
Ethereum price
BNB
BNB (BNB)
$596.52 0.55203
BNB price
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$173.94 2.2594
Solana price
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$0.5928250 1.84621
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$0.0000183 2.22928
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$0.0000123 -3.25794
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$0.0000311 -2.37761
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Bitcoin
Bitcoin (BTC)
$67,418.00 0.52669
Bitcoin price
Ethereum
Ethereum (ETH)
$3,527.59 -0.03038
Ethereum price
BNB
BNB (BNB)
$596.52 0.55203
BNB price
Solana
Solana (SOL)
$173.94 2.2594
Solana price
XRP
XRP (XRP)
$0.5928250 1.84621
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000183 2.22928
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000123 -3.25794
Pepe price
Bonk
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$0.0000311 -2.37761
Bonk price
Bitcoin
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$67,418.00 0.52669
Bitcoin price
Ethereum
Ethereum (ETH)
$3,527.59 -0.03038
Ethereum price
BNB
BNB (BNB)
$596.52 0.55203
BNB price
Solana
Solana (SOL)
$173.94 2.2594
Solana price
XRP
XRP (XRP)
$0.5928250 1.84621
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000183 2.22928
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000123 -3.25794
Pepe price
Bonk
Bonk (BONK)
$0.0000311 -2.37761
Bonk price
Bitcoin
Bitcoin (BTC)
$67,418.00 0.52669
Bitcoin price
Ethereum
Ethereum (ETH)
$3,527.59 -0.03038
Ethereum price
BNB
BNB (BNB)
$596.52 0.55203
BNB price
Solana
Solana (SOL)
$173.94 2.2594
Solana price
XRP
XRP (XRP)
$0.5928250 1.84621
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000183 2.22928
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000123 -3.25794
Pepe price
Bonk
Bonk (BONK)
$0.0000311 -2.37761
Bonk price

US SIM-swapper who stole $20m in crypto jailed

us-sim-swapper-who-stole-20m-in-crypto-jailed
Edited by
News
US SIM-swapper who stole $20m in crypto jailed

A 26-year-old crypto thief who stole cryptocurrencies using the SIM-swap attack has been ordered to prison for three years.

The Pennsylvania-based attacker, Anthony Faulk, used the SIM-swap technique to steal $20 million worth of crypto assets. Per the report, he tricked the SIM providers’ customer services to get control of the victim’s phone numbers.

According to Cybernews, Faulk was not alone in the theft operations. He and his associates, Ahman Hared and Matthew Ditman, used the SIM-swap attack to hack into people’s emails, bank accounts, and crypto wallets.

Moreover, the report revealed that the U.S. Department of Justice (DoJ) announced the sentencing On Aug. 18, after Faulk pleaded guilty.

“Faulk also admitted that, in addition to transferring cryptocurrencies, the co-conspirators contacted some of their victims by telephone and threatened to compromise further accounts unless the victims paid additional money to the fraudsters.”

The U.S. DoJ statement

The federal court in California also ordered Faulk to pay back his share of the stolen funds — around $2.8 million.

Moreover, the fraudsters are charged with “fraud, deception, and social engineering techniques.” They are ordered to pay back all the stolen funds — a $1 million home in Pennsylvania and $18 million sitting in three JP Morgan Chase accounts.

Per Cybernews, Faulk and his accomplices stole the funds from 11 victims. 

According to Cybernews, Hared’s sentencing is set for Aug. 31, and Ditman’s court session is scheduled for Oct. 12.