- A Canadian man was involved in 17 SIM swap attacks in 2023.
- These attacks resulted in the theft of over $4.5M from crypto professionals.
- SIM swapping is transferring a victim’s number to a hacker’s SIM for account access.
A far-reaching investigation has exposed a Canadian man’s involvement in a spree of ‘SIM Swap’ attacks that drained millions from crypto professionals this year.
Findings by pseudonymous sleuth ZachXBT revealed an individual, identified as “Yahya,” assisted in 17 SIM swaps in 2023 that resulted in over $4.5 million in stolen funds.
1/ An investigation into the Canadian scammer known as Yahya for their involvement in 17+ SIM swaps which resulted in more than $4.5M stolen. pic.twitter.com/1gQFo0oUAO— ZachXBT (@zachxbt) October 25, 2023
SIM swapping refers to a technique where scammers convince phone carriers to transfer a victim’s number to a SIM card controlled by hackers. This grants access to accounts linked to the compromised phone number.
As per the investigation, Yahya provided personal details on targets to lead hacker “Skenkir,” who executed the phone hijackings primarily aimed at U.S. residents. Yahya received a cut of …
The post Crypto Sleuth Reveals Culprit Behind SIM Swaps appeared first on Coin Edition.