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College Student Who Stole More Than $5 Million in Cryptocurrency By SIM Swapping Gets 10 Years in Prison -- First Person To Be Sentenced For the Crime (vice.com)
A 20-year-old college student who was accused of stealing more than $5 million in cryptocurrency in a slew of SIM hijacking attacks is the first person to be sentenced for the crime. From a report: A college student who stole more than $5 million in cryptocurrency by hijacking the phone numbers of around 40 victims pleaded guilty and accepted a plea deal of 10 years in prison, Motherboard has learned. Joel Ortiz accepted the plea deal last week, Erin West, the Deputy District Attorney in Santa Clara County, California, told Motherboard during a meeting on Thursday. The authorities believe Ortiz is the first person to be convicted of a crime for SIM swapping, an increasingly popular and damaging hack.
The prosecutors and agents who have been investigating these hacks celebrated the conviction, and said they hope that this will serve as an example for the other alleged criminals who have already been arrested, as well as the ones who have yet to be caught. "We think justice has been served. And hopefully this is a strong message to that community," Samy Tarazi, one of the agents who investigated the Ortiz case, told me. Ortiz is one af a handful of SIM swappers who have been arrested in the last year for hijacking phone numbers and using them to then hack into emails, social media accounts, and online Bitcoin wallets.
The prosecutors and agents who have been investigating these hacks celebrated the conviction, and said they hope that this will serve as an example for the other alleged criminals who have already been arrested, as well as the ones who have yet to be caught. "We think justice has been served. And hopefully this is a strong message to that community," Samy Tarazi, one of the agents who investigated the Ortiz case, told me. Ortiz is one af a handful of SIM swappers who have been arrested in the last year for hijacking phone numbers and using them to then hack into emails, social media accounts, and online Bitcoin wallets.
On July 12, police in California arrested a college student accused of being part of a group of criminals who hacked dozens of cellphone numbers to steal more than $5 million in cryptocurrency. Joel Ortiz, a 20-year-old from Boston, allegedly hacked around 40 victims with the help of still unnamed accomplices, according to court documents obtained by Motherboard.
https://motherboard.vice.com/e...
Which sounds a bit more likely but still seems to be missing quite a bit.