Notorious SIM Swapper Gets 12 Years After Stealing $20M in Crypto—Justice Served or Just a Slap on the Wrist?
Another day, another crypto crime—but this one’s got a twist. A serial SIM swapper just got slapped with a 12-year sentence for pilfering $20 million in digital assets. Was it karma… or just the bare minimum?
How They Pulled It Off
No fancy tech, just old-school social engineering. The attacker bypassed carrier security, hijacked phone numbers, and drained wallets before victims even knew what hit them. Classic case of ‘weakest link’ strikes again.
The Fallout
While $20 million vanished in seconds, the real damage? Yet another blow to crypto’s reputation. Banks are probably popping champagne—‘See? We told you decentralized finance was risky.’
Justice or Just Theater?
Twelve years sounds hefty… until you realize Wall Street fines often amount to ‘cost of doing business.’ But hey—at least someone’s holding fraudsters accountable. For now.