Crypto hacker gets 5 years in prison after stealing $794,000

Crypto hacker gets 5 years in prison after stealing $794,000



A British hacker known as Joseph O'Connor also referred to as the PlugwalkJoe, has been sentenced to five years in a U.S. prison for engaging in a SIM swap attack and stealing crypto valued at $794,000.



The SIM swap attack involved O'Connor and his accomplices targeting a cryptocurrency exchange executive in 2019. O'Connor was initially apprehended in Spain in July 2021 and subsequently extradited to the United States on April 26, 2023. In May, he pleaded guilty to multiple charges, including conspiracy to commit computer intrusions, wire fraud, and money laundering.



The specific identity of the crypto executive who fell victim to the SIM swap attack has not been disclosed. During the period between March and May 2019, O'Connor and his associates successfully executed SIM swap attacks on three executives within the company. By


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#Altcoin, #Bitcoin, #Blockchain, #BritishHacker, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum, #News, #Regulations, #Scams

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