Showing only posts tagged Nick Bax. Show all posts.

Arrests in $400M SIM-Swap Tied to Heist at FTX?

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Three Americans were charged this week with stealing more than $400 million in a November 2022 SIM-swapping attack. The U.S. government did not name the victim organization, but there is every indication that the money was stolen from the now-defunct cryptocurrency exchange FTX, which had just filed for …

Here’s Some Bitcoin: Oh, and You’ve Been Served!

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A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. The case is thought to be the first in which a federal court has recognized the use of information included in a bitcoin …