A Chicago man has been accused of leading a massive $400 million 'SIM swap' scheme, targeting a company's cryptocurrency accounts and individuals across the country. The scheme allegedly siphoned $400 million in virtual currency from a single company and millions more from other individual victims. Additionally, a 19-year-old Florida man was arrested for SIM swapping and was a 'core member' of hacker groups involved in major breaches of Twilio, Caesars, and MGM.
UPDATE: New court filings emphasize the stunning scope of the swatting attacks allegedly perpetrated by "Torswats." Authorities recently arrested a California teen on suspicion that he is connected to the Torswats handle. https://t.co/GphsbRp1jW
US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions of dollars and posed as other people in Apple, T-Mobile, AT&T, Verizon stores (@ashleynbelanger / Ars Technica) https://t.co/s4RdozSei8 https://t.co/fZDIcNGlJ8
Per @briankrebs, a 19-year-old Florida man arrested earlier this month for SIM swapping was a "core member" of Scattered Spider, The Com, Star Fraud, and 0ktapus, groups of young hackers known for major breaches of Twilio (& customers), Caesars, & MGM. https://t.co/usmnNicqAv
SIM-swapping ring stole $400M in crypto from a US company, officials allege https://t.co/TRdXcB1iQ1
Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider: https://t.co/9hsKobScYx by Krebs on Security #infosec #cybersecurity #technology #news
A Chicago man has been arrested on federal charges filed in Washington, D.C., alleging he participated in a “SIM swap” scheme that allegedly siphoned $400 million in virtual currency from a single company and millions more from other individual victims. https://t.co/YT3RChcTbq
NEW: A Chicago man was quietly arrested last week in a massive $400 million ‘SIM swap’ scheme allegedly targeting an unnamed company’s cryptocurrency accounts, as well as other individuals across the country. The indictment is under seal in Washington DC https://t.co/FIkS4yE1uT
Good morning, Chicago. Here are some top stories to start your day: - Support staff at Crystal Lake D47 file unfair labor practice charge - Man arrested in massive $400 million "SIM swap" scheme - The lucrative world of sports trading cards and memorabilia https://t.co/EfLVTXJRhC
Chicago man arrested in massive $400 million ‘SIM swap’ scheme allegedly targeting company’s cryptocurrency accounts https://t.co/WvcWkbgIH6
Las Vegas police have accused a man of stealing millions from multiple people as part of a fake watch selling scheme that funded the man’s gambling. https://t.co/QTKn8xtReU