Florida SIM Swapper Sentenced to Prison for Cryptocurrency Theft

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A 20-year-old man from Florida has been sentenced to prison for his involvement in a hacking scheme that resulted in the theft of $1 million in cryptocurrency. The man, Jordan Dave Persad, used SIM swapping to hack into victims' email accounts and gain access to their cryptocurrency accounts. He and his co-conspirators targeted dozens of victims between March 2021 and September 2022, stealing approximately $1 million worth of cryptocurrency. Persad was sentenced to 30 months in prison and ordered to pay $945,833 in restitution. This case highlights the ongoing issue of cryptocurrency theft and the need for stronger security measures.

https://www.securityweek.com/florida-sim-swapper-sentenced-to-prison-for-cryptocurrency-theft/