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Richard Yuan Li, whom prosecutors had charged with one count of conspiracy to commit felony wire fraud, and co-conspirators stole the crypto from an unnamed New Orleans physician after gaining access to multiple crypto accounts. The victim had accounts with Binance, Bittrex, Coinbase, Gemini and Poloniex, among others. At one
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press release PRESS RELEASE. When people talk about technology, the first thoughts are cell phones, applications, or equipment; but you rarely recall Sim Cards. Those small cards people often despise, thinking that they are only chips that you use to call or have data. Contrary to this, Sim Cards store much
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As soon as he learned he was among the thousands of Ledger customers whose personal information had been published online Sunday, JimboChewdip, as he’s known on Twitter, acted fast. Not fast enough, however.JCD, as we’ll call him, spent Monday morning changing his passwords, only to get a notification a new
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Caitlin Long, founder and CEO of Avanti Financial, is asking crypto users and others to testify in support of a piece of legislation which could help stop SIM swap attacks. In a tweet posted today, Long requested that any of her 70,500 followers who had been the victim of a SIM
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A Dublin man involved in the theft of more than $2 million in cryptocurrency through SIM-swap attacks has been sentenced to almost three years in prison.Conor Freeman, 21, was handed down a two-year and 11-month sentence in the Dublin Circuit Criminal Court on Tuesday. He had pleaded guilty to several
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The first time he was SIM-swapped in 2018, Haseeb Awan took it on the chin and hoped it wouldn’t happen again. Then came the second incident. Then the third. Then the fourth. After the last swap, Awan stopped trusting his mobile provider to keep his account safe and took matters
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Next time your phone rings and the caller ID says it’s your bank, telecom company or employer’s IT department, it might be someone else. That’s because little-discussed types of SIM cards offer the ability to spoof any number, can be encrypted and in some cases allows the user’s voice to be
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On June 11, it came to light that California resident Richard Yuan Li had been charged with conspiracy to commit wire fraud for his role in a number of SIM swap attacks that targeted at least 20 individuals. Not only that, but as part of his elaborate money swindling scheme
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For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.In the pantheon of crypto hacks, “SIM jacking” is one of the worst. The hack, which is less a hack and more social engineering, is basically a form of identity theft, with the attacker swapping a victim's
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On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly
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