Hackers Targeted Celebs In $100M Crypto Scam, Europol Says

Law360, London (February 10, 2021, 12:04 PM GMT) -- Europe's law enforcement agency said on Wednesday that it has helped to coordinate the arrest of a 10-strong transatlantic gang accused of hacking into celebrities' phones and stealing more than $100 million in cryptocurrencies and other assets from its victims.

Europol said it helped take down an international ring that hacked into the phones of high-profile individuals — including sport stars, musicians and their families and internet influencers — using a technique called SIM swapping. The agency said it cannot name those targeted for data protection reasons.

The hackers typically took over use of a victim's phone number by deactivating their SIM card and...

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