SIM-Swap Fraudster Who Spent Stolen Crypto on Gold Grills and Dubai Trips Jailed
- Published
Ajay Shinjin was sentenced in London on October 8 after a SIM-swap fraud case tied to stolen cryptocurrency. The two items describe the theft as involving BT customers’ phone numbers, nearly £200,000 in one account of the case and nearly $265,000 in another. One item says the stolen crypto was spent on gold grills and trips to Dubai.
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What it means
People holding crypto accounts notice that SIM-swap cases can reach sentencing in court and can be tied to account takeovers through phone-number hijacking. BT customers are named in the case, so anyone relying on a mobile number for account access can see that the fraud touched ordinary phone service as well as crypto holdings.
Before this case, a phone-number takeover could be used to reach crypto accounts; after it, the record shows a prison sentence and guilty pleas attached to that conduct. What stays the same is that the stolen assets were crypto, and one account says they were later spent on personal purchases such as gold grills and Dubai trips.
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