#Online gmail password hacker online code#
Unauthorized SIM swaps often are perpetrated by fraudsters who have already stolen or phished a target’s password, as many financial institutions and online services rely on text messages to send users a one-time code for multi-factor authentication.Ĭompounding the threat, many websites let customers reset their passwords merely by clicking a link sent via SMS to the mobile phone number tied to the account, meaning anyone who controls that phone number can reset the passwords for those accounts. Image: /eruptsīut fraudulent SIM swaps are frequently abused by scam artists who trick mobile providers into tying a target’s service to a new SIM card and mobile phone controlled by the scammers. Customers can legitimately request a SIM swap when their mobile device has been damaged or lost, or when they are switching to a different phone that requires a SIM card of another size. In January 2020, a New York grand jury criminally indicted Truglia (PDF) for his part in the crypto theft from Terpin.Ī SIM card is the tiny, removable chip in a mobile device that allows it to connect to the provider’s network. In May 2019, the jury awarded Terpin a $75.8 million judgment against Truglia. Truglia admitted to a New York federal court that he let a friend use his account at crypto-trading platform Binance in 2018 to launder more than $20 million worth of virtual currency stolen from Michael Terpin, a cryptocurrency investor who co-founded the first angel investor group for bitcoin enthusiasts.įollowing the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency investors using fraudulent “SIM swaps,” scams in which identity thieves hijack a target’s mobile phone number and use that to wrest control over the victim’s online identities.
A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud.
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