Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

Hacker Pleads Guilty to SIM Swapping Attacks, Cryptocurrency Theft

A Rockport, Massachusetts, man has pleaded guilty over his role in a scheme targeting people who had high-value social media accounts or who were believed to have large amounts of cryptocurrency.

A Rockport, Massachusetts, man has pleaded guilty over his role in a scheme targeting people who had high-value social media accounts or who were believed to have large amounts of cryptocurrency.

The man, Declan Harrington, 21, together with co-conspirator Eric Meiggs and others, targeted people who were believed to have significant amounts of cryptocurrency or high-value social media accounts, also referred to as OG (Original Gangster) accounts, through a method called SIM swapping.

Through this technique, attackers impersonate their intended victims in conversations with their phone services providers to trick operators into transferring the victims’ phone numbers to SIM cards in the attackers’ possession.

Being in control of the SIM card, the attackers then attempt to hijack the victim’s online accounts by initiating password change procedures and requesting validation codes or other authentication codes to be sent to the phone numbers the attackers now control.

Harrington, Meiggs, and co-conspirators targeted at least 10 victims in the United States to steal or attempt to steal over $530,000 in cryptocurrency.

Meiggs, who pleaded guilty on April 28, took control of two victims’ OG accounts on social media platforms. He is scheduled for sentencing on May 24, 2022.

Harrington pleaded guilty to one count of conspiracy, one count of computer fraud and abuse, five counts of wire fraud, and one count of aggravated identity theft. He could be sentenced to up to 20 years in prison and ordered to pay a fine of up to $250,000 for the charges of wire fraud.

Related: 21-Year-Old Woman Pleads Guilty to Sending Phishing Emails to Political Candidates

Advertisement. Scroll to continue reading.

Related: Estonian Botnet Operator Pleads Guilty in U.S. Court

Related: Hacker Who Sold UPMC Employee Information Pleads Guilty

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join this in-depth briefing on how to protect executives and the enterprises they lead from the growing convergence of digital, narrative, and physical attacks.

Register

Learn how integrating BAS and Automated Penetration Testing empowers security teams to quickly identify and validate threats, enabling prompt response and remediation.

Register

People on the Move

Life360 has appointed Vari Bindra, former Amazon cybersecurity lead, as Chief Information Security Officer.

Forcepoint has appointed Guy Shamilov as CISO, Bakshi Kohli as CTO and Naveen Palavalli as CPO and CMO.

Paul Calatayud has been named CISO of developer security posture management firm Archipelo.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.