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SIM SwapNo AI reportedConfirmed

Scattered Spider member sentenced to 10 years over SIM swap and phishing thefts

Cryptocurrency holders and companies targeted by the group · Cryptocurrency · United States · August 2025

Funds lost
$13,000,000
Money actually taken from, or wired out by, the victim.
About $13 million in restitution ordered to 59 victims; the figure covers cryptocurrency stolen from individuals.

What happened

A Florida federal court sentenced Noah Michael Urban, a member of the Scattered Spider cybercrime group, to 10 years in prison in August 2025 and ordered $13 million in restitution to 59 victims. Urban pleaded guilty to conspiracy, wire fraud and aggravated identity theft over SIM swapping and corporate phishing campaigns that drained cryptocurrency wallets and gave the group access to corporate accounts.

How the deception worked

The group ran two complementary human-centred plays. For individuals, they gathered personal details, then persuaded mobile carrier staff or used compromised carrier tooling to move a victim's phone number to a SIM they controlled, which handed them the SMS one-time codes protecting exchange and email accounts. For companies, they sent employees text messages claiming an urgent single sign-on or Okta password expiry, pointing at a lookalike portal that captured credentials and MFA codes in real time, and followed up with phone calls impersonating IT to talk hesitant staff through it. Both approaches turned on convincing a person, not breaking software.

The control that would have caught it· our reading, not a claim from the sources

Carriers need strong port-out and SIM-change protections including account locks; enterprises should replace SMS and push MFA with phishing-resistant authenticators.

Sources (2)

  1. SIM-Swapper, Scattered Spider Hacker Gets 10 Years
    Krebs on Security·krebsonsecurity.comOpen ↗
  2. Scattered Spider affiliate given 10 year sentence, ordered to pay $13 million in restitution
    The Record·therecord.mediaOpen ↗

This entry summarises public reporting. It is not a legal finding, and details can change as investigations conclude. Found an error? Send a correction.