SIMSwapScam
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š„At just 15, he stole $24 million in crypto. He spent it on escorts, nightclubs, and a $100K Rolex. Then the FBI came knocking.
This is the wildest SIM swap scam youāve never heard of.
Crypto investor Michael Turpin had just left a conference when a group of teensāled by 15-year-old Ellis Pinskyāhijacked his phone number. They bribed telecom workers, and Ellis used scripts on a Skype call to scrape Turpinās digital lifeāemails, cloud files, everythingāhunting for wallet keys.
Then came the big prize:
$900M in $ETH, but it was locked. So they kept digging, and found $24M in BTC. Within hours, Turpin checked his accountsāhis biggest wallet was safe, but $24M was gone.
It became the largest individual SIM swap ever recorded.
Suddenly, Ellis was rich. He bought a Rolex and hid it under his bed. But the chaos started quickly. One teammate ran off with $1.5M. Another talked about hiring a hitman.
Ellisās story began earlyāgrowing up in a small NYC apartment, getting his first Xbox at 13, joining hacker forums, and learning SQL injection. By 15, he was into SIM swapping, gaining power by convincing telecom reps to transfer someoneās number to his SIM, giving him access to texts, 2FA codes, and wallets.
But his ex-partner, Truglia, couldn't keep quiet, tweeting things like, āStole $24M. Still canāt keep a friend.ā His careless mistakes led to a fast downfallāhe used his real name on Coinbase, and the FBI swooped in. Truglia went to prison.
Ellis, underage, returned most of the money and faced no charges. But Turpin sued him for $22M. Then masked gunmen broke into Ellisās house.
Today, Ellis studies philosophy and computer science at NYU, aiming to build startups, repay his debt, and leave the chaos behind.
By 15, he had:
ā 562 BTC
ā Telecom insiders
ā A lawsuit
ā A hit on his life
And no idea what would come next.
#SIMSwapScam #CryptoCrime #EthereumFuture #BinanceAlphaAlert
This is the wildest SIM swap scam youāve never heard of.
Crypto investor Michael Turpin had just left a conference when a group of teensāled by 15-year-old Ellis Pinskyāhijacked his phone number. They bribed telecom workers, and Ellis used scripts on a Skype call to scrape Turpinās digital lifeāemails, cloud files, everythingāhunting for wallet keys.
Then came the big prize:
$900M in $ETH, but it was locked. So they kept digging, and found $24M in BTC. Within hours, Turpin checked his accountsāhis biggest wallet was safe, but $24M was gone.
It became the largest individual SIM swap ever recorded.
Suddenly, Ellis was rich. He bought a Rolex and hid it under his bed. But the chaos started quickly. One teammate ran off with $1.5M. Another talked about hiring a hitman.
Ellisās story began earlyāgrowing up in a small NYC apartment, getting his first Xbox at 13, joining hacker forums, and learning SQL injection. By 15, he was into SIM swapping, gaining power by convincing telecom reps to transfer someoneās number to his SIM, giving him access to texts, 2FA codes, and wallets.
But his ex-partner, Truglia, couldn't keep quiet, tweeting things like, āStole $24M. Still canāt keep a friend.ā His careless mistakes led to a fast downfallāhe used his real name on Coinbase, and the FBI swooped in. Truglia went to prison.
Ellis, underage, returned most of the money and faced no charges. But Turpin sued him for $22M. Then masked gunmen broke into Ellisās house.
Today, Ellis studies philosophy and computer science at NYU, aiming to build startups, repay his debt, and leave the chaos behind.
By 15, he had:
ā 562 BTC
ā Telecom insiders
ā A lawsuit
ā A hit on his life
And no idea what would come next.
#SIMSwapScam #CryptoCrime #EthereumFuture #BinanceAlphaAlert
The Malone Lam Crypto Heist: The $230 Million SIM-Swap Fraud ā Part 13 ( United States)
šØ The Rise of Malone Lam ā A Sophisticated Crypto Thief
Malone Lam, along with Jeandiel Serrano and Veer Chetal, orchestrated one of the largest crypto thefts in history, stealing over $230 million in Bitcoin from a single victim. Their operation relied on SIM-swapping, phishing, and insider social engineering, making it a highly sophisticated attack.
āļø Lam and his group targeted high-value crypto holders, using deceptive tactics to gain access to wallets.
āļø They exploited weaknesses in mobile carriers, hijacking victimsā phone numbers to bypass two-factor authentication.
āļø At its peak, their stolen Bitcoin was worth over $230 million, making it one of the biggest crypto thefts ever.
But behind the scenes, their digital footprint would lead to their downfall.
š° The Heist ā How They Stole Millions
šØ The group used SIM-swapping to take control of victimsā phone numbers, intercepting authentication codes.
šØ They tricked customer service representatives, gaining unauthorized access to crypto wallets.
šØ Despite their efforts to cover their tracks, investigators traced the stolen funds, linking them to the crime.
For months, the crypto community was in shock, as authorities worked to uncover the full extent of the theft.
š„ The Exposure ā The Fall of Malone Lamās Group
āļø Blockchain analysts traced the stolen funds, revealing the hackersā identities.
āļø Law enforcement arrested multiple members, charging them with fraud and conspiracy.
āļø The case became a landmark in crypto security, highlighting vulnerabilities in digital asset protection.
The hackers who once outsmarted the system were now exposed as some of the biggest crypto criminals in history.
āļø The Aftermath ā A Warning for Crypto Investors
šØ Their arrest proved that blockchain transactions can be traced, even years later.
šØ The case led to stricter regulations, forcing exchanges to improve security.
šØ The FBI continues to track stolen crypto, making it harder for criminals to hide their funds.
Malone Lam wasnāt just another hackerāhe was a disruptor who exposed flaws in crypto security.
š® Lessons Learned ā Can Crypto Ever Be Truly Safe?
šØ SIM-swapping is a major threatāalways use hardware wallets and multi-layered security.
šØ Blockchain transactions are permanentāeven if funds are hidden, they can be traced.
šØ Regulation is evolvingācrypto crime is becoming harder to pull off.
The story of Malone Lam isnāt just a cautionary taleāitās a reminder that cryptoās greatest strength can also be its greatest weakness.
#MaloneLam #CryptoFraud
#SIMSwapScam #CryptoHistory #Write2Earn šš„
This sticks closely to the verified DOJ narrative while keeping it engaging and impactful! šš„
Malone Lam, along with Jeandiel Serrano and Veer Chetal, orchestrated one of the largest crypto thefts in history, stealing over $230 million in Bitcoin from a single victim. Their operation relied on SIM-swapping, phishing, and insider social engineering, making it a highly sophisticated attack.
āļø Lam and his group targeted high-value crypto holders, using deceptive tactics to gain access to wallets.
āļø They exploited weaknesses in mobile carriers, hijacking victimsā phone numbers to bypass two-factor authentication.
āļø At its peak, their stolen Bitcoin was worth over $230 million, making it one of the biggest crypto thefts ever.
But behind the scenes, their digital footprint would lead to their downfall.
š° The Heist ā How They Stole Millions
šØ The group used SIM-swapping to take control of victimsā phone numbers, intercepting authentication codes.
šØ They tricked customer service representatives, gaining unauthorized access to crypto wallets.
šØ Despite their efforts to cover their tracks, investigators traced the stolen funds, linking them to the crime.
For months, the crypto community was in shock, as authorities worked to uncover the full extent of the theft.
š„ The Exposure ā The Fall of Malone Lamās Group
āļø Blockchain analysts traced the stolen funds, revealing the hackersā identities.
āļø Law enforcement arrested multiple members, charging them with fraud and conspiracy.
āļø The case became a landmark in crypto security, highlighting vulnerabilities in digital asset protection.
The hackers who once outsmarted the system were now exposed as some of the biggest crypto criminals in history.
āļø The Aftermath ā A Warning for Crypto Investors
šØ Their arrest proved that blockchain transactions can be traced, even years later.
šØ The case led to stricter regulations, forcing exchanges to improve security.
šØ The FBI continues to track stolen crypto, making it harder for criminals to hide their funds.
Malone Lam wasnāt just another hackerāhe was a disruptor who exposed flaws in crypto security.
š® Lessons Learned ā Can Crypto Ever Be Truly Safe?
šØ SIM-swapping is a major threatāalways use hardware wallets and multi-layered security.
šØ Blockchain transactions are permanentāeven if funds are hidden, they can be traced.
šØ Regulation is evolvingācrypto crime is becoming harder to pull off.
The story of Malone Lam isnāt just a cautionary taleāitās a reminder that cryptoās greatest strength can also be its greatest weakness.
#MaloneLam #CryptoFraud
#SIMSwapScam #CryptoHistory #Write2Earn šš„
This sticks closely to the verified DOJ narrative while keeping it engaging and impactful! šš„
šØš„ Beware the SIM-Swap Scam! š„šØ
Ever wondered what would happen if someone could steal your phone number? Well, it's not just about prank calls! š±
SIM-Swap Scams are on the rise, and theyāre targeting your two-factor authentication to gain access to your cryptocurrency accounts. Hereās how it works:
š A hacker convinces your phone carrier to swap your SIM to a new device (without you knowing!).
š± Once they've got control, they intercept your 2FA codes, giving them access to your accountsācrypto and beyond! š¤š°
š« How to protect yourself:
Use authenticator apps or hardware wallets instead of relying on text-based 2FA.
Set up a PIN or password with your phone carrier to lock down your account.
Be cautious with suspicious links, phone calls, or messages! š
Donāt let hackers hijack your digits! Stay one step ahead and keep your crypto safe! ššø
#SIMSwapScam
Ever wondered what would happen if someone could steal your phone number? Well, it's not just about prank calls! š±
SIM-Swap Scams are on the rise, and theyāre targeting your two-factor authentication to gain access to your cryptocurrency accounts. Hereās how it works:
š A hacker convinces your phone carrier to swap your SIM to a new device (without you knowing!).
š± Once they've got control, they intercept your 2FA codes, giving them access to your accountsācrypto and beyond! š¤š°
š« How to protect yourself:
Use authenticator apps or hardware wallets instead of relying on text-based 2FA.
Set up a PIN or password with your phone carrier to lock down your account.
Be cautious with suspicious links, phone calls, or messages! š
Donāt let hackers hijack your digits! Stay one step ahead and keep your crypto safe! ššø
#SIMSwapScam
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