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Crypto Thief Indicted in New York’s First SIM Swapping Prosecution


The Manhattan District Attorney has announced New York’s first prosecution for SIM swapping, which resulted in the theft of $10K in crypto.

Manhattan’s District Attorney (DA) announced the indictment of an individual for stealing identities and funds, including crypto, via a process known as SIM swapping. The announcement was made in an official press release from the Manhattan District Attorney’s Office on Feb. 1.

The defendant, Dawson Bakies, has been accused of stealing the identities of over 50 victims in the United States, and also stealing funds from some of them. The 20-year-old man has been charged with identity theft, grand larceny, computer tampering and scheme to defraud among other charges in a New York State Supreme Court indictment.

According the Manhattan DA’s press release, the case represents the first prosecution for SIM swapping in New York.

The SIM swapping scheme included…



Read Full Story : Cointelegraph.com News

2019-02-02 15:15:00

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