British man who helped steal nearly $265,000 in crypto assets sentenced to two and a half years for SIM-swap scam

PANews October 9 news, according to Decrypt, the City of London Police reported that 25-year-old Ajay Shinjin, for participating in a SIM-swap scam that helped steal nearly £200,000 (about $265,000) in crypto assets, was sentenced on October 8 to two and a half years in prison. He personally received more than £44,000 in illicit funds, which he used for a trip to Dubai, a high-end apartment, and gold-plated dental grills. The gang transferred victims' phone numbers to SIM cards they controlled, intercepted SMS verification codes to access crypto accounts. Shinjin had previously pleaded guilty to conspiracy to defraud and transferring criminal proceeds.

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11-01 05:53 UTC
From Binance to Bybit: The North Korean Hacker Network Behind TraderTraitor
From the $6.3 billion Binance theft to major cryptocurrency industry heists such as Bybit and Ronin, the North Korean hacker group TraderTraitor has gradually c...
11-01 05:10 UTC
Premia Labs suffered an attack with losses amounting to $464,600, and the attacker has already converted the assets to BTC.
11-01 05:01 UTC
In October, there were 56 major hacking incidents in the crypto industry, with losses reaching 6.48 billion USD.
PANews November 1 news, according to PeckShieldAlert statistics, in October 2026 there were 56 major hacking attacks in the crypto industry, with total losses o...
11-01 04:26 UTC
Maharin Binance ya yi asarar kusan dala miliyan 5 saboda kuskuren aiki yayin sayar da altcoins.
11-01 03:57 UTC
An kai wa ka'idar saka hannun jari biyu ta Bitcoin b14g hari, an sace kusan CORE miliyan 97.

From Binance to Bybit: The North Korean Hacker Network Behind TraderTraitor

Premia Labs suffered an attack with losses amounting to $464,600, and the attacker has already converted the assets to BTC.

In October, there were 56 major hacking incidents in the crypto industry, with losses reaching 6.48 billion USD.

Maharin Binance ya yi asarar kusan dala miliyan 5 saboda kuskuren aiki yayin sayar da altcoins.

An kai wa ka'idar saka hannun jari biyu ta Bitcoin b14g hari, an sace kusan CORE miliyan 97.