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Hacker stole $1m from Silicon Valley executive via SIM swap

November 26, 2018

Nicholas Truglia, a 21-years-old man from New York, has been accused of stealing $1 million from Silicon Valley executive via SIM swap. He gained access to his phone number and used it impersonate the executive and steal $500,000 from two accounts he had at Coinbase and Gemini.

The hack and consequent cyber heist occurred on October 26 and Truglia was arrested on November 14.

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