Tech Savvy Student Steals $7.5 Million in Cryptocurrency

Joel Ortiz, a skilled SIM Swapper was caught and arrested back in May 2018. On April 22nd2019, the District Attorney’s Office of Santa Clara County made their formal announcementabout his sentence – 10 years in prison.

Ortiz was a 21-year-old Boston High School valedictorian and was very prolific at stealing cryptocurrency from SIM cards. The announcement states that he had hacked the crypto wallets (worth over $7.5 million) located on mobile phones of over 40 victims.

According to the announcement, it only took Ortiz just a few minutes to steal more than $5.2 million in crypto from one Cupertino cryptocurrency entrepreneur. He performed this theft back in May of 2018.

FULL STORY HERE...