Topic: Teen crook hacked into 75 phones and stole $1M in cryptocurrency: authorities - page 3. (Read 864 times)
December 21, 2019, 04:25:18 AM
with a sentence of 5-10 years can destroy their mentality, and I think after they are free they will do good because the prison also makes a goal so that people can return to doing good in social life after they are free and I think quite comparable because they also definitely pay a fine.
December 21, 2019, 03:51:44 AM
I hope this teen got sentenced into serious punishment and so that it could act as a warning for other people with malicious intention.
To be honest I also think that some people deserve to be robbed,
But it isn't the lazy rich people for me it should be the corrupt people those who also steal from the people they should be the one's who deserve to get a taste of their own medicine.
You know some people are just that careless and saying that they deserve to be robbed is not a good thing because they don't even want that to happen in first place. Not saying BS but sometime people got the be careless naturally since they were born. But it isn't the lazy rich people for me it should be the corrupt people those who also steal from the people they should be the one's who deserve to get a taste of their own medicine.
December 21, 2019, 03:28:16 AM
The stupid scammer must have perpetuate this nefarious act with a high sophistication and dexterity a whopping 75 phones hacked I was very glad he was fished out and already facing prosecution had it been he has hidden without any trace then I would have assumed that engaging in cryptos related activities is now very risky and unworthy.
December 21, 2019, 03:00:28 AM
All these hackers and scammers will be fished out sooner or later. I don't know why some folks always plan to make the short cut route to riches, Damn it folks, there is no shortcut to life. Work hard and smart and your labour will merit to something in future. Stealing over such a huge amount of cryptocurrencies deserves a serious punishment. I think he deserves 10 years to serve as deterrent to others who commit such atrocities.
December 21, 2019, 02:52:57 AM
how come that these crooks can just do things like this as simple he can do?while people are struggling to earn bucks small by small and these people taking just like that.
i think the punishments on this kind of case must be higher and they will suffer from stealing hard earned money .and put behind bars for longer time than what is given right now.
i think the punishments on this kind of case must be higher and they will suffer from stealing hard earned money .and put behind bars for longer time than what is given right now.
December 21, 2019, 02:40:19 AM
Aren't people who lost their sim should've reported their sim stolen so that it could be blocked or something? That way it couldn't be used to something like this. That's a huge amount of money and I'm happy that he gets the right punishment he deserves.
December 21, 2019, 02:33:56 AM
The reason why this was easy for him to do is because people commonly lose their phone, first thing they do is go to a phone kiosk at a mall, say they lost their phone, give their name and number and sometimes the clerk doesn't ask for more verification. They don''t ask for more info because they think "Why would someone want to steal someone elses phone number"?. Or he had some friend who worked at a phone store who did these sim swaps.
I am assuming that the victims all used Coinbase and used Authy, because the Google 2FA is more of an offline type of 2FA and more secure. The other issue could of been Gmail. I am assuming they would simply call Gmail, say they forgot their password and as long as they called from the phone number on file they would reset the password for them.
I am assuming that the victims all used Coinbase and used Authy, because the Google 2FA is more of an offline type of 2FA and more secure. The other issue could of been Gmail. I am assuming they would simply call Gmail, say they forgot their password and as long as they called from the phone number on file they would reset the password for them.
December 21, 2019, 02:16:08 AM
It's just a matter of time before these bad eggs are going to be caught, either they make a mistakes or authorities are simply hunting them down. 5-10 years sentence will be enough for this criminals? What do you think?
Good to hear these kind of positive news as the criminals are getting caught left and right for their past and we need harsh punishment and the most important thing is they need to confiscate all the loot plus their interest so that everyone will think twice before going after easy money, i have not seen in the article whether the authorities are returning the asset back or valuation that was stolen during that time.
December 20, 2019, 11:53:26 PM
It's just a matter of time before these bad eggs are going to be caught, either they make a mistakes or authorities are simply hunting them down. 5-10 years sentence will be enough for this criminals? What do you think?
I think it is really about time that laws on these aspects should be modernized and be more adopted to the existence of digital assets and cryptocurrency. And of course, we can be sending a strong message to hackers if penalties can be doubled or even tripled. A mess like this should have no place in our modern interconnected society as these are the people who are always looking for weaknesses or loopholes in the current technological set-up. We don't want more and more people getting part of the victim statistics.
December 20, 2019, 11:38:34 PM
Sim swapping technique is slowly becoming a favourite instrument for commuting financial crime. What can be done to prevent this faud?
Apply for private number with the service provider, your number never gets displayed. There is a cost involved.
Never use the number registered with banks for personal use, use it only for financial transaction.
Use condom USB to charge your phone in public.
Install anti malware on your phone.
You can reduce the chance of getting your phone hacked by following the above mentioned.
Apply for private number with the service provider, your number never gets displayed. There is a cost involved.
Never use the number registered with banks for personal use, use it only for financial transaction.
Use condom USB to charge your phone in public.
Install anti malware on your phone.
You can reduce the chance of getting your phone hacked by following the above mentioned.
I've just heard from my friend that there should be a country that restricts individual to only have one mobile number meaning to say that the simcard they will going to use is only for them and cannot be used by others, this is in fact will provide huge benefits as anti theft and anti hack as well but will need the support of the government to regulate it. In addition, I think storing cryptocurrency to wallets in mobile phones and even in PC is actually not the best idea to secure it. There are malwares that records that screen of the pc and mobile and it is likely for them to hack our accounts. A hardware wallet which hides the private key is our only hope to secure huge amount of funds.
December 20, 2019, 10:10:11 PM
Another day, another bad guy has been caught:
https://nypost.com/2019/12/18/teen-crook-hacked-into-75-phones-and-stole-1m-in-cryptocurrency-authorities/
It's just a matter of time before these bad eggs are going to be caught, either they make a mistakes or authorities are simply hunting them down. 5-10 years sentence will be enough for this criminals? What do you think?
That's huge money and the amount of people he committed crimes against, he's going to get more time than if he killed someone by accident. Definitely 20 years is my guess. Quote
An alleged teen crook stole the identities of 75 people and swiped $1 million in cryptocurrency — all from the comfort of his Brooklyn apartment, authorities said.
Yousef Selassie, 19, used a sophisticated SIM-swapping scheme to take over the phones of people in 20 different states between Jan. 20 and May 19, 2019, according to the Manhattan District Attorney’s Office.
He allegedly transferred his victims’ phone numbers to his own iPhones, enabling him to reset their passwords and gain access to their Gmail, cryptocurrency and other accounts. Meanwhile, his victims’ phones would suddenly go offline.
The stolen $1 million came from just two victims, authorities said. Selassie was arrested Dec. 5 in Corona, California, and extradited to New York.
He was arraigned Wednesday in Manhattan Supreme Court, where he pleaded not guilty to 87 counts of grand larceny, identity theft and other charges. Justice Mark Dwyer ordered him to surrender his passport and check in weekly with a supervised release program. The judge did not set bail.
Authorities executed search warrants on Selassie’s Brooklyn and California residences, where they seized half a dozen iPhones, two Rolex watches, a monogrammed Gucci wallet and numerous pieces of high-end jewelry, according to court papers.
Yousef Selassie, 19, used a sophisticated SIM-swapping scheme to take over the phones of people in 20 different states between Jan. 20 and May 19, 2019, according to the Manhattan District Attorney’s Office.
He allegedly transferred his victims’ phone numbers to his own iPhones, enabling him to reset their passwords and gain access to their Gmail, cryptocurrency and other accounts. Meanwhile, his victims’ phones would suddenly go offline.
The stolen $1 million came from just two victims, authorities said. Selassie was arrested Dec. 5 in Corona, California, and extradited to New York.
He was arraigned Wednesday in Manhattan Supreme Court, where he pleaded not guilty to 87 counts of grand larceny, identity theft and other charges. Justice Mark Dwyer ordered him to surrender his passport and check in weekly with a supervised release program. The judge did not set bail.
Authorities executed search warrants on Selassie’s Brooklyn and California residences, where they seized half a dozen iPhones, two Rolex watches, a monogrammed Gucci wallet and numerous pieces of high-end jewelry, according to court papers.
https://nypost.com/2019/12/18/teen-crook-hacked-into-75-phones-and-stole-1m-in-cryptocurrency-authorities/
It's just a matter of time before these bad eggs are going to be caught, either they make a mistakes or authorities are simply hunting them down. 5-10 years sentence will be enough for this criminals? What do you think?
December 20, 2019, 09:52:19 PM
Yes, he should be put to jail minimum ten years. Because he really deserves that for stealing someone's money and spending it like for jewelries, lol, total jerk he is. I do hope that people in crypto will always find justice when we loss our money from this online hackers. They really making a run on us and we all know that billions of our money are being stolen already since inception.
December 20, 2019, 09:19:13 PM
Justice at last. I was a victim of sim swapping when Bitcoin was still nearing its all-time high. It was a frustrating time because how can they do that? How is the sim provider allowing this kind of scams? So after that, I just stop using my sim as verification for my cryptocurrency related activities. Maybe use it sometimes for my fb or twitter acc.
December 20, 2019, 05:18:04 PM
This sim swapping hack is seriously horrible, nearly all services use sim ID for verification, it’s just a matter of time the entire banking to be plagued with sim swapping hacks too, any counter measure would be futile.
i can understand why exchanges might want to verify phone number as an ID verification method, especially if they don't require actual KYC documentation. i just wish they more actively discouraged it as a 2FA method.
i suppose they are in a tough position. if they discourage SMS 2FA in favor of TOTP or UTF, some customers will get superior security but some will opt for no 2FA at all due to the inconvenience. people are very used to the idea of SMS verification because lots of internet services and banking platforms use it.
December 20, 2019, 04:36:24 PM
Always wondered how a phone company just cuts of a live SIM because someone calls/shows up? I mean even if the clerk is "in it", they shouldn't have the right. The system should at least auto-call/text the live SIM and ask "hey you want to be cut off?"
If they report the SIM stolen they should limit outgoing calls/text, but still give the notice above with some deadline.
If I recall correctly some people already suing US providers for negligence.
If they report the SIM stolen they should limit outgoing calls/text, but still give the notice above with some deadline.
If I recall correctly some people already suing US providers for negligence.
December 20, 2019, 04:26:24 PM
Reports are not detailed, it would be nice to know how he did the sim swapping for readers to be aware and avoid become a victim too.
Quote
The stolen $1 million came from just two victims, authorities said.
Just wow. some people really deserve to be robbed. I'm not saying that because they were rich but rich and careless. We poor people take care of every few dollars and there's no way I'd lose as little as $100 like that. If I had 100k it would be behind multiple levels of protection. Those people had so much and didn't care, kept it all online.
All that idiot bought with the money was watches and gay accessories. What a jerk.
But it isn't the lazy rich people for me it should be the corrupt people those who also steal from the people they should be the one's who deserve to get a taste of their own medicine.
It didn't mention where the coins are stored probably in the exchange, those phones probably belong to someone who does trading a lot. $1M for two accounts which both of them must have been good at doing their craft but carelessly become a victim of sim swapping.
December 20, 2019, 04:10:27 PM
Quote
The stolen $1 million came from just two victims, authorities said.
Just wow. some people really deserve to be robbed. I'm not saying that because they were rich but rich and careless. We poor people take care of every few dollars and there's no way I'd lose as little as $100 like that. If I had 100k it would be behind multiple levels of protection. Those people had so much and didn't care, kept it all online.
All that idiot bought with the money was watches and gay accessories. What a jerk.
But it isn't the lazy rich people for me it should be the corrupt people those who also steal from the people they should be the one's who deserve to get a taste of their own medicine.
December 20, 2019, 03:22:17 PM
Quote
The stolen $1 million came from just two victims, authorities said.
Just wow. some people really deserve to be robbed. I'm not saying that because they were rich but rich and careless. We poor people take care of every few dollars and there's no way I'd lose as little as $100 like that. If I had 100k it would be behind multiple levels of protection. Those people had so much and didn't care, kept it all online.
All that idiot bought with the money was watches and gay accessories. What a jerk.
December 20, 2019, 12:55:41 PM
Another day, another bad guy has been caught:
https://nypost.com/2019/12/18/teen-crook-hacked-into-75-phones-and-stole-1m-in-cryptocurrency-authorities/
It's just a matter of time before these bad eggs are going to be caught, either they make a mistakes or authorities are simply hunting them down. 5-10 years sentence will be enough for this criminals? What do you think?
Okay, let's sort some things out. Is it bad to steal identities and hack wallets? It is. Should this person receive some punishment if found guilty? Yes. But I think it's rather important that he (if it was him) did not steal the money from poor people. $1million from two wallets sounds like rich victims, and being so rich is likely to suggest that a person got an undeserved boost or even stole from the people, basically. Moreover, it's a young and talented person, so it's important not to destroy Yousef but help him use his talent for good (like, to improve phone security or help hack into the phones of terrorists). The aim of a penitentiary system is re-education and then rehabilitation of a person in society, so I hope that'll happen. Quote
An alleged teen crook stole the identities of 75 people and swiped $1 million in cryptocurrency — all from the comfort of his Brooklyn apartment, authorities said.
Yousef Selassie, 19, used a sophisticated SIM-swapping scheme to take over the phones of people in 20 different states between Jan. 20 and May 19, 2019, according to the Manhattan District Attorney’s Office.
He allegedly transferred his victims’ phone numbers to his own iPhones, enabling him to reset their passwords and gain access to their Gmail, cryptocurrency and other accounts. Meanwhile, his victims’ phones would suddenly go offline.
The stolen $1 million came from just two victims, authorities said. Selassie was arrested Dec. 5 in Corona, California, and extradited to New York.
He was arraigned Wednesday in Manhattan Supreme Court, where he pleaded not guilty to 87 counts of grand larceny, identity theft and other charges. Justice Mark Dwyer ordered him to surrender his passport and check in weekly with a supervised release program. The judge did not set bail.
Authorities executed search warrants on Selassie’s Brooklyn and California residences, where they seized half a dozen iPhones, two Rolex watches, a monogrammed Gucci wallet and numerous pieces of high-end jewelry, according to court papers.
Yousef Selassie, 19, used a sophisticated SIM-swapping scheme to take over the phones of people in 20 different states between Jan. 20 and May 19, 2019, according to the Manhattan District Attorney’s Office.
He allegedly transferred his victims’ phone numbers to his own iPhones, enabling him to reset their passwords and gain access to their Gmail, cryptocurrency and other accounts. Meanwhile, his victims’ phones would suddenly go offline.
The stolen $1 million came from just two victims, authorities said. Selassie was arrested Dec. 5 in Corona, California, and extradited to New York.
He was arraigned Wednesday in Manhattan Supreme Court, where he pleaded not guilty to 87 counts of grand larceny, identity theft and other charges. Justice Mark Dwyer ordered him to surrender his passport and check in weekly with a supervised release program. The judge did not set bail.
Authorities executed search warrants on Selassie’s Brooklyn and California residences, where they seized half a dozen iPhones, two Rolex watches, a monogrammed Gucci wallet and numerous pieces of high-end jewelry, according to court papers.
https://nypost.com/2019/12/18/teen-crook-hacked-into-75-phones-and-stole-1m-in-cryptocurrency-authorities/
It's just a matter of time before these bad eggs are going to be caught, either they make a mistakes or authorities are simply hunting them down. 5-10 years sentence will be enough for this criminals? What do you think?
December 20, 2019, 12:05:00 PM
People can't always depend on others and they should learn to secure their devices themselves. Everyone learns from their own mistakes but a wise one should learn from others as well. It's a really bad idea to keep a large amount of coin in a mobile wallet. Though I too may be careless at times but every place I have more than $1K worth of coins stored. I increase security for that access.
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