August 22nd, 2018 By Brian Krebs
Authorities in Santa Clara, Calif. have arrested and charged a 19-year-old area man on suspicion hijacking mobile phone numbers as part of a scheme to steal large sums of bitcoin and other cryptocurrencies. The arrest is the third known law enforcement action this month targeting “SIM swappers,” individuals who specialize in stealing wireless phone numbers and hijacking online financial and social media accounts tied to those numbers.
Xzavyer Clemente Narvaez was arrested Aug. 17, 2018 by investigators working with Santa Clara County’s “REACT task force,” which says it’s targeting those involved in “the takeovers of cell phone, email and financial accounts resulting in the theft of cryptocurrency.”
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