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The cops are starting to close in on hackers who hijack phone numbers to steal Bitcoin and other cryptocurrencies.

On July 12, police in California arrested a college student accused of being part of a group of criminals who hacked dozens of cellphone numbers to steal more than $5 million in cryptocurrency. Joel Ortiz, a 20-year-old from Boston, allegedly hacked around 40 victims with the help of still unnamed accomplices, according to court documents obtained by Motherboard.

This is the first reported case against someone who allegedly used the increasingly popular technique known as SIM

This post first appeared on motherboard security news. Read the full article.

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