The police have nabbed Xzavyer Narvaez who used â€˜SIM Swappingâ€™ technique to loot cryptocurrencies. More than $1 million worth of Bitcoins were stolen by hijacking cellphones. Reportedly, between March and June 2018, 157 Bitcoins worth $1,009,000 were processed by Narvaez in the Bittrex platform through BitPay processor. Narvaez had used the device various times for the crime.
Police arrest Narvaez for SIM swapping and Crypto theftIncryptsAug 24, 20180
Feb 18, 2020