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NY Man Pleads Guilty in $20 Million SIM Swap Theft

Krebs on Security

A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Following the theft, Terpin filed a civil lawsuit against Truglia with the Los Angeles Superior court.

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Navigating the Web of Romance Scams: A Guide for Businesses and Consumers

Webroot

This trend underscores the evolving threat landscape and the importance of continuous awareness and education on cybersecurity threats, including those that initially appear to be personal in nature. Rise in Cryptocurrency Payments : Fraudsters are increasingly asking for payments in cryptocurrency, exploiting its semi-anonymous nature.

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