• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Asset Entities Shareholders Approve Merger with Strive

    Asset Entities Shareholders Approve Merger with Strive

    GameStop's Financial Growth and Bitcoin Strategy

    GameStop Reports Increased Bitcoin Holdings in Q2 Results

    MicroStrategy Faces Stock Slide Amid Bitcoin Holding Strategy

    MicroStrategy Faces Stock Slide Amid Bitcoin Holding Strategy

    Cboe to Launch New Continuous Futures for BTC/ETH

    Cboe Announces Continuous Bitcoin, Ethereum Futures

    Cboe Announces Launch of Bitcoin, Ethereum Futures

    Cboe Announces Launch of Bitcoin, Ethereum Futures

    Michael Saylor Predicts Bitcoin Could Hit $150,000 by 2025

    Michael Saylor Predicts Bitcoin Could Hit $150,000 by 2025

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Grayscale Registers Delaware Trusts for Hedera and Cardano ETFs

    Grayscale Registers Delaware Trusts for Hedera and Cardano ETFs

    OKX and Tether Integrate USDT0 on Ethereum Layer 2

    OKX and Tether Integrate USDT0 on Ethereum Layer 2

    Upbit Launches Giwa Ethereum Layer-2 Testnet Chain

    Upbit Launches Giwa Ethereum Layer-2 Testnet Chain

    AgriDex Reports Significant Growth in African Agricultural Blockchain Trading

    Solana-Based AgriDex Reports $9M Stablecoin Trades in Africa

    Solana-Based AgriDex Secures $9M in African Stablecoin Trades

    Solana-Based AgriDex Secures $9M in African Stablecoin Trades

    AgriDex Processes $9 Million in Stablecoin Trades in Africa

    Solana-Based AgriDex Trades $9M in African Markets

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Sim Swapping Crypto Gang Busted in Turkey

Joshua T. by Joshua T.
November 6, 2018
in Latest News
Sim Swapping

Source: newsmobile.in

The Turkish authorities have recently recorded a victory for itself. Based on a recent report, the authorities have arrested a gang of digital currency hacker. The arrested hackers were charged with hacking digital currency wallet via sim swapping.

Sim Swapping Crypto Hijackers Busted

Based on the report, the hacker gang is made up of eleven individuals. These hackers perform their operation making use of the popular wallet hacking method— sim swapping.

It was reported that these hackers, hack into their victim’s wallet by obtaining their phone numbers from a phone company through deceit. Currently, only ten out of the eleven hackers has been arrested and so far they have been released on bail, however, they still remain under a stringent judicial leash.

A report made it known that at least fourteen victims have filed a report at an Istanbul police station, upon discovering that their virtual currency wallets had been hacked by fraudsters.

Sim Swapping

The report also describes how hackers secure their victim’s mobile phone. The report stated that:

“The hackers, using fake IDs, told telephone operators that the victims’ mobile phones were stolen. They further requested another sim card and cancelled the sim cards of the real owners.”

Once the new sim card arrives, the hackers then request for a password change and have the confirmation information sent to them. The report also made it known that these hackers have stolen about $80,000 worth of virtual currency. It was also reported that the hackers have taken various steps to protect themselves from getting caught. This includes spreading the assets across various accounts to cover their tracks.

The Istanbul crime unit which carried out the raid on the hacker’s apartment reported that it confiscated eighteen cell phones, fake identity cards, two fake driver’s licenses, among others.

Sim Swapping has been around for quite a while, but the method recently gained popularity due to its use by crypto hackers. It has so far become a major cause of concern and has led to some investors having to purchase a premium sim card with use specifically for their crypto wallet.

Previous Post

Ripples XRP Token Breaks $0.50 Mark – Surges by 15%

Next Post

(Part I) How and Where to Buy Bitcoin (BTC)

Joshua T.

Joshua T.

Related Posts

Belarus Crypto Payments Reach $1.7 Billion Record

Belarus Crypto Payments Reach $1.7 Billion Record

by Adriana M.
September 10, 2025

Belarus' crypto payments hit a $1.7 billion record, signaling policy shifts.

Belarus Achieves $1.7 Billion in Crypto Payments

Belarus Crypto Payments Reach Record $1.7 Billion

by Solomon M.
September 10, 2025

Belarus hits record $1.7 billion in crypto payments over seven months, projecting $3 billion by year-end.

Belarus Records $1.7 Billion in Crypto Payments

Belarus Records $1.7 Billion in Crypto Payments

by Solomon M.
September 10, 2025

Belarus hits record $1.7B in crypto payments, projects $3B by year-end.

Belarus Crypto Transactions Surge

Belarus Crypto Payments Surge to Record $1.7 Billion

by Adriana M.
September 10, 2025

Belarus achieves $1.7 billion in crypto payments, set for $3 billion by year-end.

QMMM Announces $100M Cryptocurrency Treasury, Stock Soars

QMMM Announces $100M Cryptocurrency Treasury, Stock Soars

by Solomon M.
September 9, 2025

QMMM Holdings Ltd. announces a $100M cryptocurrency treasury, boosting stock by 800%.

Eric Trump's Alt5 Sigma Board Removal and Market Repercussions

Eric Trump Removed From Alt5 Sigma Board

by Solomon M.
September 9, 2025

Eric Trump removed from Alt5 Sigma board in compliance with Nasdaq rule review after $1.5B deal.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.