Hackers, phone carriers charged for SIM-hacking scam on In an alleged SIM-hacking scam in the US, a group of nine people have been charged for stealing cryptocurrencies And mobile phone carriers have been accused of making a total of 2.4 million dollars by bribery or trick in transferring a phone number in the new SIM card.
In an indefinite indictment, in the US attorney's office for the Eastern District of Michigan, the prosecutors claimed that six people living in the US and Ireland were members of a group called "The Community", The Verge reported on Saturday.
Typically, such cases of cyber fraud involve controlling the victim's cryptocurrence wallet, which gives access to money to hackers and "The Community" allegedly used this technique seven times to steal cryptocurrency .
In a separate complaint, the prosecutors have accused three unknown mobile phone company operators as accepting bribe as part of the crime, the report said.
With access to phone numbers, scammers were able to bypass the security measures such as two-factor authentication, which gave them control over the linked accounts of the victims.
It has been mentioned in the report that alleged hackers face charges of fraud and identity theft, while the employees of the phone company have been charged with wire fraud and can remain in prison for decades if found guilty.