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Tech this week: Teen arrested over €32 million crypto heist and Elon Musk continues Tesla stock sale
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euronews.comA teenager in Canada has been arrested for the alleged theft of C$46 million (€32 million) worth of cryptocurrency.
The victim was targeted by a SIM swap attack. This often involves gathering some personal details on the victim, then calling their mobile phone operator and impersonating them to trick the operator into sending out a sim card. This sim can then be put into the perpetrator’s phone and this can have dangerous consequences as phone numbers are often used for two-factor identification.
The teen was rumbled after they used the digital money to buy a rare username in a video game. The transaction aroused suspicions and eventually led to the Hamilton police, with the help of the American FBI, tracking them down.
Details weren’t
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