Three people have been charged with orchestrating a $400 million hack that is reportedly tied to failed cryptocurrency exchange FTX. A grand jury charged them, ArsTechnica reported, with two counts of conspiracy to commit wire fraud and aggravated identity theft and access device fraud stemming from nearly two years of SIM swapping crimes.

According to prosecutors, Americans Robert Powell, Carter Rohn, and Emily Hernandez carried out SIM swap attacks between March 2021 and April 2023.

The court document cited by ArsTechnica, however, does not mention FTX or its founder Sam Bankman-Fried, by name. Instead, it used the moniker Victim Company-1. A subsequent Bloomberg report today cites unnamed sources confirming that Victim Company-1 is indeed FTX.

“Around Nov. 11, 2022, Hernandez used a fake ID with an FTX employee’s details to convince AT&T to transfer the mobile phone account to another SIM card,” Bloomberg said. “The alleged ringleader of the group, Powell—who uses online monikers ‘R$’ and ElSwapo1—then used various authentication codes to access FTX’s crypto wallets.”

Go to Source to See Full Article
Author: Jason Nelson

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details