Police arrest Narvaez for SIM swapping and Crypto theft

Police arrest Narvaez for SIM swapping and Crypto theft

The police have nabbed Xzavyer Narvaez who used ‘SIM Swapping’ 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.

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