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Man who stole $5M in cryptocurrency via SIM swap pleads guilty

https://arstechnica.com/tech-policy/2019/02/man-who-stole-5m-in-cryptocurrency-via-sim-swap-pleads-guilty/
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Feb 4, 2019 2:20 PM 2+ mon ago

Man who stole $5M in cryptocurrency via SIM swap pleads guilty

A 20-year-old Massachusetts man who recently accepted a plea deal with prosecutors in Santa Clara County, California, is believed to be the first person in the US to be convicted of SIM swapping.

The SIM swapping technique allows a person to fool a mobile carrier into transferring someone else's number to them--thus enabling possible account hijacking or other password resets that rely on the phone number itself as an authentication device. According to Vice Motherboard, which first reported the case, accused SIM swapper Joel Ortiz recently accepted a plea deal of 10 years--but it is not immediately clear which counts he pled guilty to.

Last year, Ortiz faced a 28-count indictment outlining alleged violations involving a slew of computer crimes and violations of personal identifying information law. In a police report provided to ...

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SIM swap hacker caught in Florida

techcrunch.com     8+ mon ago

SIM swap hacker caught in Florida Florida police have arrested 25-year-old named Ricky Joseph Handschumacher. The young man is suspected of grand theft and money laundering. Handschumacher used SIM Sw...

Prosecutors: two men used SIM swapping to extort cryptocurrency

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arstechnica.com     2+ mon ago

In an indictment unsealed Monday, two men were accused by federal prosecutors of SIM swapping, an activity by which they allegedly committed "device fraud, extortion, and aggravate...

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10news.com     4+ mon ago

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SIM swap hacker caught in Florida

techcrunch.com     8+ mon ago

SIM swap hacker caught in Florida Florida police have arrested 25-year-old named Ricky Joseph Handschumacher. The young man is suspected of grand theft and money laundering. Handschumacher used SIM Sw...

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duluthnewstribune.com     8+ mon ago

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wctrib.com     8+ mon ago

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inforum.com     8+ mon ago

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thenextweb.com     5+ mon ago

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foxnews.com     1+ mon ago

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Springfield man who hid pot in fake boulders pleads guilty

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If you feel the address you entered is correct you can contact us, mentioning the error message received and the item you were trying to reach. ...

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