SIM Swapping


Markets

Two Indicted in Latest Federal Prosecution of SIM-Swapping Crypto Theft

One alleged conspirator tried to SWAT the other after he "failed to share" the pair's stolen crypto.

SIM card

Tech

This Entrepreneur Was SIM-Swapped so Often, He Started a Company to Fight It

Efani’s solution to SIM-swapping? Make it so difficult to make changes to a cell phone account that an attack is virtually impossible.

Haseeb Awan, founder of Efani

Policy

Judge Dismisses $200M Damages Claim in AT&T Crypto Hack Lawsuit

AT&T has won a motion to dismiss a $200 million punitive damages claim from Mike Terpin, who lost $24 million in crypto via SIM hack

(Shutterstock)

Finance

Social Engineering: A Plague on Crypto and Twitter, Unlikely to Stop

The SIM swapping community entered the spotlight after helping the Twitter hacker breach the social media platform, but these threat actors have been going after the crypto community for years.

Joseph O’Conner was accused of participating in a Twitter cryptocurrency scam.

Markets

US Officials Allege Student Defrauded Apple as Part of SIM Swap Attack

A UC-San Diego student is accused of participating in a SIM-swapping scam that defrauded Apple and stole one victim’s crypto.

Li and a conspirator tricked an Apple representative into sending them the iPhone 8 they used in their SIM swaps, prosecutors allege. (Credit: Hadrian/Shutterstock)

Markets

BlockFi Says Hacker SIM-Swapped Employee's Phone, No Funds Were Lost

The hacker compromised an employee's phone and gained access to users' personal information, including their names and addresses, but BlockFi says no funds were affected.

BlockFi CEO Zac Prince

Policy

AT&T Files for Dismissal in $24M Phone Hack Case, Claims Crypto Exec Didn't Read Terms

Terpin claims he lost $24 million in crypto due to AT&T's negligence. The firm says he didn't read the company's policy documents.

Credit: Jonathan Weiss / Shutterstock.com

Policy

Crypto Investor's Case Against AT&T Over $24M SIM Hack Can Proceed, Judge Rules

AT&T's motion to dismiss Michael Terpin's case was largely dismissed by a California court on Monday.

sim, sim swap

Policy

Crypto Exec’s $1.8M SIM-Swap Lawsuit Has ‘Critical Holes,’ Says AT&T

AT&T has again argued against allegations it was in part responsible for a SIM-swap hack that cost crypto exec Seth Shapiro $1.8 million.

Credit: Jonathan Weiss / Shutterstock

Policy

US Lawmakers Call on Communications Regulator to Tackle SIM-Swapping Crime

Democrat lawmakers are demanding that the FCC takes action to tackle the rise in SIM swapping attacks.

Ajit Pai image via Shutterstock

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