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DOJ: Pair Used SIM Swapping Scam to Steal Cryptocurrency

Eric Meiggs, 21, and Declan Harrington, 20, allegedly used SIM swapping and other hacking techniques to target executives in order to steal more than $550,000 worth of cryptocurrency. Most of the executives who were targeted worked for blockchain companies or cryptocurrency exchanges or published guides and advice about virtual currencies and digital wallets. Meiggs and Harrington, who were arrested Thursday, each face charges of conspiracy, fraud, computer fraud and abuse and aggravated identity theft. Many of the victims had significant social media followings, according to the indictment.”]

Source: https://www.govinfosecurity.com/doj-pair-used-sim-swapping-scam-to-steal-cryptocurrency-a-13405

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