Eric Meiggs, 21, and Declan Harrington, 20, have been charged with stealing $550,000 in cryptocurrency from at least 10 victims using SIM swapping attacks. The duo has been charged for taking over social media accounts of their victims, including two individuals that had high value (slang for Original Gangster) social media account names. The defendants face a maximum penalty of 20 years in prison, the aggravated identity theft charge can add to the sentence additional 2 years. In March, the FBI issued a SIM swapping alert in response to the increasing cases of SIM jacking attacks.”]
Source: https://securityaffairs.co/wordpress/93905/cyber-crime/sim-swapping-arrests.html