Massachusetts Man Eric Meiggs Pleads Guilty In Scheme To Steal 530K In Cryptocurrency
Meiggs admitted that he and one or more co-conspirators had conspired to use an illegal practice called “SIM-swapping” to gain control of people’s online accounts. Together, they targeted 10 U.S. residents and stole, or tried to steal, $530,000 of the victims’ cryptocurrency. They also stole two high-value social media account names, the Department of Justice said in a press release. Meiggs pleaded guilty to all seven criminal counts including conspiracy, wire fraud, computer fraud and abuse as well as aggravated identity theft....