Two Americans Jailed for Stealing $330,000 in Crypto by ‘Sim-Swapping’
Source: AdobeStock / Iurii Gagarin Two men from Massachusetts, USA, were sentenced last week for what's been described as "an extensive scheme" to take over victims&rsquo ; social media accounts and steal some $330,000 in cryptocurrency using SIM swapping and computer hacking , among other methods. The US Department of Justice (DoJ) announced that, on October 19, twenty-four-year-old Eric Meiggs, got sentenced to two years and one day, while twenty-two-year-old Declan Harrington was sentenced to two years and seven days in prison. The case was investigated by the FBI ’s Boston Field Office, with assistance from IRS Criminal Investigations . The announcement cited court documents, per which the two men specifically targeted executives of crypto companies, but also other people "who likely had significant amounts of cryptocurrency." Further targets included those who had high value or “OG” social media account names. No specific cryptocurr...