U.S. Indicts Five Linked to Scattered Spider's $11M Crypto Heist

U.S. Indicts Five Linked to Scattered Spider's $11M Crypto Heist

Federal prosecutors have charged five individuals allegedly tied to the hacking group "Scattered Spider," accusing them of orchestrating a series of cyberattacks that netted over $11 million in cryptocurrency. Unsealed court documents from California reveal that the group, active from late 2021 to mid-2023, employed sophisticated techniques like phishing and SIM swapping. Phishing involves impersonating trusted entities to obtain sensitive lo...

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