Read

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 <a href="https://crypto.news/crypto-scammers-drained-3b-from-australians-in-2022/" rel="noopener noreferrer nofollow">hack</a> into people’s emails, bank accounts, and crypto wallets. 
 You might also like: <a href="https://crypto.news/drake-backed-gambling-startup-stake-faces-legal-hurdles-in-australia/" rel="noopener noreferrer nofollow"> Drake-backed gambling startup Stake faces legal hurdles in Australia </a> 
Moreover, the <a href="https://cybernews.com/crypto/jail-cryptocurrency-thief-sim-swapping/" target="_blank" rel="noopener noreferrer nofollow">report</a> revealed that the U.S. Department of Justice (DoJ) announced the sentencing On Aug. 18, after Faulk pleaded guilty. 
<blockquote class="wp-block-quote"> 
 “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.” <cite>The U.S. DoJ statement</cite> 
</blockquote> 
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.&nbsp; 
According to Cybernews, Hared’s sentencing is set for Aug. 31, and Ditman’s court session is scheduled for Oct. 12. 
 Read more: <a href="https://crypto.news/binance-contemplates-legal-action-following-breakup-with-checkout-com/" rel="noopener noreferrer nofollow"> Binance contemplates legal action following breakup with Checkout.com </a>

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

crypto.news

Otros artículos publicados el 21 ago 2023

Terra’s Website Hacked! Developers Release Urgent Warning

As the Crypto Market Sinks, Here Are Three Coins Traders Are Using to Make Short-Term Gains In th...

Uwerx’s Persistence Unveiled: Continuing The Journey With Crypto Innovation Post Launch-Hack

$2 Million Crypto Scam Using Sim-Swap!

Greenbit: A Revolutionary Step In The Go-Green Landscape

Aave (AAVE) And Solana (SOL) Eye Market Support As Community Prefer Pomerdoge

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!