A man in the UK has been sentenced to two and a half years in prison for participating in a SIM swap scam and stealing nearly £200,000 worth of cryptocurrency.
According to Decrypt, London police announced that 25-year-old Londoner Ajay Shinjin was sentenced to two and a half years in prison at Inner London Crown Court for his involvement in a "complex and meticulously planned" SIM card hijacking (SIM-swap) fraud that stole nearly £200,000 (approximately $265,000) worth of cryptocurrency. Shinjin previously pleaded guilty to charges including fraud by false representation and transferring criminal property.