A hacking ring stole millions by hijacking SIM cards, feds say

Nine people have been commanded in an alleged conspiracy to hijack SIM cards and steal cryptocurrency from unwitting victims, prosecutors said this week . The scheme, according to court documents, netted more than $2. 4 million.

In an unsealed indictment, prosecutors in the US Attorney’ ings Office for the Eastern District coming from all Michigan allege that six of the testers, living across the United States and Eire, were members of a group acknowledged as “ The Community. ” The cracking ring, prosecutors say, took attribute in a scam called SIM hijacking, in which, using either bribery otherwise trickery, hackers convince mobile phone providers to transfer a phone number to a newbie SIM card.

A group referred “ The Community”

With access to the phone number, cons can bypass…

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Read more: theverge.com

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