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 <p class="is-style-lead">A 26-year-old <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> thief who <a rel="noopener noreferrer nofollow" title="stole" href="https://thebittimes.com/tag/stole.html">stole</a> <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies using the SIM-swap attack has been ordered to prison for three years.</p> 
 <p>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.</p> 
 <p>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 <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> wallets.</p> 
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 <p>Moreover, the report revealed that the U.S. Department of Justice (DoJ) announced the sentencing On Aug. 18, after Faulk pleaded guilty.</p> 
 <blockquote class="wp-block-quote"> 
  <p>“Faulk also admitted that, in addition to transferring <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies, 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.”</p> <cite>The U.S. DoJ statement</cite> 
 </blockquote> 
 <p>The federal court in California also ordered Faulk to pay back his share of the stolen funds — around $2.8 million.</p> 
 <p>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.</p> 
 <p>Per Cybernews, Faulk and his accomplices <a rel="noopener noreferrer nofollow" title="stole" href="https://thebittimes.com/tag/stole.html">stole</a> the funds from 11 victims.&nbsp;</p> 
 <p>According to Cybernews, Hared’s sentencing is set for Aug. 31, and Ditman’s court session is scheduled for Oct. 12.</p> 
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US SIM-swapper who stole $20m in crypto jailed

TheBitTimes

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