# SIM Swapper Who Stole $20 Million in Crypto Resentenced to 12 Years in Prison
In a shocking turn of events, a cryptocurrency swapper who stole approximately $20 million worth of digital assets has been sentenced to 12 years in prison.
The individual, whose identity has not been released due to concerns about potential future victimization, was convicted of wire fraud and money laundering. The crimes took place between January 2019 and December 2020.
According to court documents, the swapper used a technique known as SIM swapping to obtain access to cryptocurrency exchanges and wallets belonging to their victims. This involved convincing or deceiving phone providers into transferring control of the victim's phone number to them. With this newfound authority over the victim's phone number, the swapper could then call two-factor authentication (2FA) codes sent to the victim's new phone number, effectively gaining unauthorized access to the cryptocurrency account.
The swapper used these obtained 2FA codes to withdraw millions of dollars in various cryptocurrencies from exchanges and wallets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and others.
Law enforcement agencies around the world collaborated to investigate and apprehend the swapper. Through a comprehensive investigation, authorities were able to uncover evidence linking the swapper to numerous SIM swapping schemes worldwide.
While the exact amount of cryptocurrencies stolen remains at $20 million, the full extent of the damage could be much higher due to the potential for additional victim losses still being uncovered by investigators.
The sentencing serves as a stark reminder of the dangers and intricacies associated with cryptocurrency theft. As cryptocurrencies continue to gain popularity and become more widespread, law enforcement agencies will need to remain vigilant in addressing these types of crimes.
The individual's 12-year prison sentence is a significant penalty for their actions, demonstrating that such crimes will not be taken lightly by the legal system moving forward.
### Cryptocurrency Prices
Currently, Bitcoin (BTC) stands at $117,513.00 with a -0.10% drop over the last hour, Ethereum (ETH) is priced at $2,939.28 with a -0.94% change in 60 minutes, and Ripple (XRP) is valued at $2.73 with a -0.55% decrease in 60 minutes.
### Full List of Cryptocurrencies Prices
Below is the updated list of cryptocurrency prices based on current market data.
| Cryptocurrency | Price |
|---|---|
| BTC | $117,513.00 |
| ETH | $2,939.28 |
| XRP | $2.73 |
| BNB | $683.96 |
| SOL | $160.35 |
The price of Bitcoin (BTC) at $117,513.00 with a -0.10% drop over the last hour reflects market fluctuations as traders navigate economic conditions, regulatory developments, and emerging technological advancements.
Ethereum's (ETH) pricing at $2,939.28, following a -0.94% change in 60 minutes, also indicates ongoing market movements. Ripple's XRP is valued at $2.73 with a -0.55% decrease over the same period.
Please note that prices are subject to fluctuations based on real-time data and may not reflect current values.