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2 men arrested in Oklahoma, suspected in $14 million cryptocurrency theft, hacking of California company

Posted on September 28, 2018 by Dissent

Bill Miston reports on quick work by law enforcement:

Two men arrested in Oklahoma City this week are suspected of hacking and stealing millions of dollars from a California-based cryptocurrency company.

Fletcher Robert Childers, 23, and Joseph Harris, 21, both of Missouri, were arrested by Oklahoma City Police at a west side hotel Monday. According to court documents, the two are suspects in a $14 million theft from Crowd Machine, headquartered in San Jose.

According to a search warrant filed in Oklahoma County, Crowd Machine reported the hack and theft to a California computer crimes task force on September 22. It’s believed, according to court documents, that the hack was accomplished through a SIM swap, which allows hackers to steal a person’s mobile phone number and identity.

Read more on KFOR.

Category: Business SectorHackID TheftU.S.

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