Englishman Hacker Joseph O’Connor, additionally recognized on-line as Plugwalk Joe, has been sentenced to 5 years in jail in america for stealing $794,000 value of cryptocurrency through cryptocurrency. SIM swap assault towards cryptocurrency trade executives Relationship again to April 2019.

O’Connor was first arrested in Spain in July 2021 and extradited to america on April 26, 2023. In Might, he pleaded responsible to a number of prices of conspiracy to interrupt into a pc, conspiracy to commit wire fraud, and conspiracy to commit fraud. Laundering cash, to call a number of.

Swapping SIMs remains to be a giant downside

Learn extra on Cointelegraph