Coinpedia
2023-08-21 10:17:12

$20 Million Crypto Scam Using Sim-Swap!

The post $20 Million Crypto Scam Using Sim-Swap! appeared first on Coinpedia Fintech News A 26-year-old man from Pennsylvania has been sentenced to three years in prison for stealing $20 million worth of cryptocurrencies using the SIM-swap technique. Anthony Faulk used the technique to gain access to his victims’ mobile phone accounts and then to their crypto wallets. Once inside, he was able to transfer the funds to his …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.