Hacker Jailed for Stealing $1 Million Via SIM Swapping Attacks

A young man from Orlando, Florida, has been handed a 30-month prison sentence for his role in a cybercrime scheme that stole nearly $1 million in cryptocurrency from unsuspecting victims.  As part of a group of hackers, Jordan Dave Persad, a 20-year-old, admitted to conspiring to commit computer fraud. Their method of operation involved using a technique known as “SIM swapping” to gain unauthorized access to people’s email accounts and subsequently take control of their online cryptocurrency wallets.

Source: GBHackers

 


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