Crypto hacker gets 5 years in prison after stealing $794,000
A British hacker , Joseph O’Connor, aka the PlugwalkJoe, has been sentenced to five years in a United States prison for steal ing $794,000 worth of crypto through a SIM swap attack. The SIM swap attack case O’Connor was initially arrested in Spain in July 2021 for his involvement in a SIM swap attack on a crypto exchange executive in 2019. He was later extradited to the United States on April 26, 2023. In May, he pleaded guilty to several charges, including conspiracy to commit computer intrusions, wire fraud, and money laundering. You might also like: Cyber heists in digital playground, school-age hackers steal millions in NFTs The identity of the hacked crypto executive has not been disclosed. Between March and May 2019, O’Connor and his co-conspirators successfully executed SIM swap attacks on three company executives. By gaining unauthorized access to multiple accounts and computer systems, they could steal and divert cryptocurrency worth approximat...