$100 Million Worth Crypto Theft

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''Europol, the pan European police agency, has assisted in the arrest of a total of 10 cybercriminals who siphoned off $100 million in digital currencies using the so-called SIM-swapping technique.


SIM-swap is a popular technique used by hackers to gain control over the victim’s phone and then manipulate the applications or other personal stored details. Europol even identified this tactic as one of the key trends in cybercrime.

Despite its popularity, it is very hard to curb such fraud tactics. Several arrests and convictions were made in the past related to such hacks.''

https://www.financemagnates.com/cryptoc ... pto-theft/


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