An Irish cybercriminal has been jailed for his involvement in a conspiracy SIM-swapping fraud against unsuspecting victims and for stealing cryptocurrencies. Conor Freeman was recognized by the Department of Homeland Security USA as a member of a hacking group that stole cryptocurrencies worth more than $ 2.000.000 from a large number of victims in 2018. Freeman pleaded guilty to stealing cryptocurrencies by dishonestly operating a computer to make illegal money.
According to Infosecurity Magazine, the 21-year-old Irishman handed over a virtual wallet containing 142.75682712 Bitcoin Whose value now stands at over $ 2.000.000 gardaí at the time of his arrest. Along with at least five US conspirators, Freeman used a SIM-swapping scam to steal $ 100.000 worth of cryptocurrencies from Darran Marble on May 15, 2018. The next day, the same individuals targeted Seth Shapiro, earning $ 1.921.335 in digital money. Two days later, cybercriminals used the same technique to extract cryptocurrencies worth about $ 167.622,22 from Micheal Templeman.
After being convicted by Dublin County Criminal Court earlier this week, Judge Martin Nolan noted that Shapiro lost the proceeds from the sale of his home and the savings he made all his life from Freeman and his conspirators. Nolan sentenced Freeman to three years in prison for stealing cryptocurrencies and other fraud.
According to the court, Freeman appears to have known his conspirators through Internet. The whole team together was looking at SOCIAL MEDIA for goals they had access in large amounts of cryptocurrency.
After selecting a victim, the team looked for the address e-mail and his phone number. Telecommunications contacts transferred the victim victims' phone numbers to SIM cards purchased by the team.
With protocols that have been created to help people who forget them codes access, the team was able to access the internet accounts of its objectives. Freeman's role was to examine victims' emails to identify the sources of the cryptocurrencies they had.
Freeman's lawyer, Paul O'Carroll SC, described his client as "very lonely" who began hacking other people's accounts Gamers for the "adrenaline" in his adolescence.
Freeman's five conspirators are on trial in the United States.