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US charges 5 in M crypto hacking scheme linked to ‘Scattered Spider’ 

US charges 5 in $11M crypto hacking scheme linked to ‘Scattered Spider’ 

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Source: Coin Telegraph

The US charged five people it linked to a group suspected of a hacking spree, with one alleged victim being robbed of over $6.3 million worth of crypto.

United States prosecutors charged five people with being part of a group that hacked dozens of businesses and individuals to steal $11 million in crypto and sensitive information.

The California US Attorney’s Office said on Nov. 20 that the defendants sent SMS phishing links or SIM-swapped individuals and employees of certain companies to steal login credentials to their work or crypto exchange accounts.

Court documents seen by Cointelegraph detailed at least 29 alleged individual crypto-theft victims. Prosecutors claimed one victim was robbed of more than $6.3 million worth of crypto after having their email and wallets breached.

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Author: Jesse Coghlan