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Highland Park Man Led Hacker Crew's $400 Million Heist From FTX: Feds

Posted on AllSides March 14th, 2024
From The Center

Robert Powell, 26, was the head a "SIM swapping crew" and went by names such as "ElSwapo1 and "R$," according to an indictment unsealed following his arrest in January. The technique of SIM swapping — tricking cell carriers into reassigning someone's subscriber identity module, or SIM, card — allows hackers to defeat many forms of the multi-factor authentication used to secure financial and other accounts. Powell is charged alongside Carter Rohn, 24, of Indianapolis, and Emily Hernandez, 23, of Colorado Springs, with one count of conspiracy to commit wire fraud...

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