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Crypto & Bitcoin

London Man Gets 2.5 Years for SIM-Swap Crypto Theft

Reported by Wayne Jones, CryptoPotato

Image: CryptoPotato

A 25-year-old man has been jailed for two and a half years for his involvement in SIM-swap fraud, which saw four people lose £200,000 worth of crypto in November 2021. According to the City of London Police, Ajay Shinjin, also known as AJ Marley Cruz, received more than £44,000 from the proceeds of crime and used the money on luxurious vacations to Dubai, an expensive apartment, and gold-plated dental grills. It began in early November 2021, when BT spotted unauthorized activity on its systems.

This is an excerpt. The reporting belongs to CryptoPotato.

Read the full report on cryptopotato.com
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