Home / Tech / Cops Arrest Infamous SIM Swapper Who Allegedly Stole $14 Million in Cryptocurrency
cops arrest infamous sim swapper who allegedly stole 14 million in cryptocurrency.84375xh;center,center&resize=1200:* 660x330 - Cops Arrest Infamous SIM Swapper Who Allegedly Stole $14 Million in Cryptocurrency

Cops Arrest Infamous SIM Swapper Who Allegedly Stole $14 Million in Cryptocurrency

Cops Arrest Infamous SIM Swapper Who Allegedly Stole $14 Million in Cryptocurrency

gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw== - Cops Arrest Infamous SIM Swapper Who Allegedly Stole $14 Million in Cryptocurrency

Authorities in Oklahoma City arrested a person who resources in the legal hacking neighborhood imagine to be one of the notorious “SIM swappers,” who thieve cell phone numbers and use them in cryptocurrency heists. He is accused of stealing $14 million in cryptocurrency in one unmarried heist.

At the top of September, Oklahoma News four reported that the Secret Service had detained Joseph Harris, 21, and Fletcher Robert Childers, 23. Harris, in keeping with more than one resources in the legal underground international of SIM hijackers, is referred to as “Doc,” who they declare is likely one of the maximum prolific SIM swappers on the net.

In the ultimate yr, criminals were focused on sufferers with so-called SIM swapping, SIM hijacking, or port out scams. This is an more and more well-liked and threatening rip-off. It is composed of tricking a cell phone supplier into shifting the objective’s telephone quantity to a SIM card managed by means of the legal, then fraudsters can leverage it to reset the sufferers’ passwords and wreck into their on-line accounts and thieve their cryptocurrency.

Harris has been charged with hacking, identification robbery, and grand larceny, in keeping with a observation of info equipped by means of the government to Motherboard. Harris is accused of stealing $14 million in cryptocurrency from Crowd Machine, a blockchain startup. On September 21, Harris allegedly hacked the corporate’s CEO and stole his non-public keys, which allowed him to get right of entry to Crowd Machine wallets and thieve the cryptocurrency.

The CEO reported the robbery tomorrow to the Regional Enforcement Allied Computer Team—or REACT—a role drive of more than one native California police departments that specializes in cybercrime, which has been investigating SIM swapping hacks for months. After a snappy investigation, the government have been ready to find and arrest Harris in conjunction with Childers, who has but to be charged, in keeping with government.

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Overall, it took investigators handiest 3 days to trace down Harris.

“That’s the long arm of the law,” Dave Berry, probably the most REACT investigators at the case, advised Motherboard in a telephone name.

Berry and his colleagues didn’t wish to ascertain without a doubt that Harris is certainly Doc, as “nicknames get a little confusing.” But a number of legal resources claimed Harris is certainly Doc.

Earlier this yr, Ian Balina, a cryptocurrency investor who was once hacked and misplaced greater than $2 million, believes two hackers named Doc and Veri have been accountable.

“He’s been pretty busy in the hacking world for a while,” Berry advised Motherboard. “And he’s clearly very tech savvy.”

Harris is solely the ultimate in a rising checklist of arrests. At the top of July, REACT arrested 20-year-old Joel Ortiz, accusing him of getting stolen hundreds of thousands on cryptocurrency. Then Florida government arrested a 25-year-old. Finally, ahead of Harris, California law enforcement officials nabbed 19-year-old Xzavyer Narvaez, who used stolen bitcoin to shop for luxurious automobiles.

More arrests are coming, in keeping with the investigators.

“REACT isn’t going to stop the SIM swapping investigation until SIM swapping stops,” REACT commander John Rose advised me. “If it’s gonna take us arresting every SIM swapper in United States.”

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