Leader of SIM Swap Theft Ring Charged After Allegedly Stealing $400 Million in Cryptocurrency
• Scheme targeted Apple, AT&T, Verizon & T-Mobile stores to steal $400M in crypto • Alleged leader Robert Powell & co-conspirators conducted 50+ SIM swap attacks • Forged IDs to impersonate victims, reassign devices to steal funds • Crypto company employee lost $400M+; individuals lost $15K to $1M+ • Largest known SIM swap theft scheme; Powell faces conspiracy charges