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Police arrest 19-year-old boy for hacking into 75 phones and stealing $1M in cryptocurrency


Police in California have arrested a 19-year-old boy for allegedly stealing the idenities of 75 people and swiping $1 million in cryptocurrency.

According to the Manhattan District Attorney’s Office, the suspect identified as Yousef Selassie reportedly used a sophisticated SIM-swapping scheme to take over the phones of people in 20 different states between Jan. 20 and May 19, 2019.

He allegedly transferred his victims’ phone numbers to his own iPhones, enabling him to reset their passwords and gain access to their Gmail, cryptocurrency and other accounts.

The stolen $1 million came from just two victims, authorities said. Selassie was arrested in Corona, California, and extradited to New York.

He was arraigned this week in Manhattan Supreme Court, where he pleaded not guilty to 87 counts of grand larceny, identity theft, and other charges.

Justice Mark Dwyer ordered him to surrender his passport and check in weekly with a supervised release program. But the judge did not set bail.

According to court papers, authorities executed search warrants on Selassie’s Brooklyn and California residences, where they seized half a dozen iPhones, two Rolex watches, a monogrammed Gucci wallet and numerous pieces of high-end jewelry, according to court papers.



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