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Sim-Swapping, Bitcoin Swiping 19-Year-Old Snags Luxury Car

Blockchain/DLT Technology News

Blockchain Technology / Blockchain/DLT Technology News 100 Views

Sim-Swapping, Bitcoin Swiping 19-Year-Old Snags Luxury Car

On August 17th police arrested 19-year-old  Xzavyer Narvaez on seven counts of computer crime. These included identity fraud and grand theft. The hacker was accused of hijacking phone numbers to steal large amounts of cryptocurrency successfully. Attacks like this are a part of an emerging type of fraud called sim swapping. While Narvaez was caught, it’s clear that attacks like...

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