20-year-old Joel Ortiz to serve 10 years in prison after pleading guilty to stealing $5 cryptocurrency with SIM swapping. After stealing $5 million in cryptocurrency from 40 victims through SIM swapping, 20-year-old Joel Ortiz, pleaded guilty to theft and accepted a plea deal of 10 years in prison as reported by Motherboard, a division of […]
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Here is how crypto fraudsters’ new favorite scheme works. On November 7, a security news and investigation blog KrebsOnSecurity published an interview with REACT Task Force, a California-based law enforcement group dedicated to fighting cybercrime. As per the article, members of REACT consider “SIM swapping” one of its “highest priorities” in a bid to fight […]
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Stealing crypto through hijacked SIM cards is firmly on the radar of the U.S. REACT Task Force. U.S. law enforcement consider so-called “SIM swapping” one of its “highest priorities” in a bid to fight cryptocurrency fraud, security news and investigation blog KrebsonSecurity reported Nov. 7. Speaking to the publication, Samy Tarazi, a police sergeant in […]
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The Turkish police’s cybercrime unit detained 11 suspects in an alleged hack of crypto accounts with victim losses amounting to over $80,000. The Cybercrime Department of the Turkish National Police has arrested 11 suspects in an alleged hack of crypto accounts, with victims reporting more than $80,000 in losses, major Turkish newspaper Hürriyet reported Friday, […]
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Twilio has launched a new ‘super SIM’, built upon the company’s mobile core infrastructure, along with an expanded set of tier-one carrier relationships with Singtel, Telefonica and Three Group. The super SIM allows developers to confidently deploy IoT devices globally via using a single API so that the company can optimise network performance on […]
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