Advertisement
UK markets close in 1 hour 7 minutes

  • FTSE 100

    8,035.52
    +11.65 (+0.15%)
     

  • FTSE 250

    19,740.29
    +140.90 (+0.72%)
     

  • AIM

    754.16
    +4.98 (+0.66%)
     

  • GBP/EUR

    1.1631
    +0.0042 (+0.36%)
     

  • GBP/USD

    1.2456
    +0.0106 (+0.86%)
     

  • Bitcoin GBP

    53,716.68
    +560.22 (+1.05%)
     

  • CMC Crypto 200

    1,434.18
    +19.42 (+1.37%)
     

  • S&P 500

    5,050.90
    +40.30 (+0.80%)
     

  • DOW

    38,370.20
    +130.22 (+0.34%)
     

  • CRUDE OIL

    82.06
    +0.16 (+0.20%)
     

  • GOLD FUTURES

    2,342.40
    -4.00 (-0.17%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • DAX

    18,084.06
    +223.26 (+1.25%)
     

  • CAC 40

    8,084.24
    +43.88 (+0.55%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

US authorities arrest 2 in alleged SIM swap cryptocurrency theft scheme

Steven Zheng

Two men have been arrested and charged in U.S. District Court in Boston for their role in a nationwide SIM swap scheme in which the pair allegedly hijacked victims' phones and social media accounts to steal cryptocurrency, representatives of the U.S. Department of Justice (DOJ), FBI and IRS announced Thursday.

According to the DOJ, Eric Meiggs and Declan Harrington targeted executives of cryptocurrency companies and others who have "high value" social media account names. Meiggs and Harrington would allegedly try to gain access to their victims' phone numbers by convincing phone carriers to reassign their numbers to a SIM card owned by the duo. The men would then allegedly use the stolen devices and accounts to reset passwords to gain access to victims' online cryptocurrency wallets and private keys.

According to the DOJ's indictment, Meiggs and Harrington targeted at least 10 individuals across the U.S. and allegedly stole, or attempted to steal, over $500,000 in cryptocurrencies from these individuals.

SIM swapping is a common problem in the cryptocurrency community. In October, an AT&T customer sued the wireless carrier, alleging that AT&T failed to protect his account from a SIM swap which resulted in a theft of over $1.8 million in cryptocurrencies.