BLOOMFIELD TOWNSHIP, Mich. (WXYZ) A victim from Bloomfield Township was the target of hackers who stole six figures worth of Bitcoin cryptocurrency.<\/p>\n
Police say the victim came forward May 9 and lost $204,000 worth of Bitcoin cryptocurrency. They say his Coinbase account was hacked through a cellphone SIM card swap.<\/p>\n
Nowadays, cellphones are everywhere. But if you store a list of passwords on your device, police say you could be at risk of being targeted by hackers.<\/p>\n
People got to be a little bit more protective of their things, especially in the world today, Randy Neveu, a cryptocurrency investor, said.<\/p>\n
On the streets of Bloomfield Township, people who use the popular avenue for investing say theyre aware of the dangers and are actively taking steps to avoid them.<\/p>\n
Password protection. I also use the facial recognition thats on (Apple) products, Neveu said.<\/p>\n
The crime has police issuing an urgent warning to look out and not be an easy target for criminals.<\/p>\n
The evidence that will come forward in this case is digital evidence, Bloomfield Township police officer Nick Soley said.<\/p>\n
Soley says the specific theft known as a SIM card swap happened after an impostor tricked a cellphone retailer into believing he was a victim and was issued a phone. Then, that impostor downloaded passwords saved on the phone.<\/p>\n
Soley warns to keep password lists off your phone and use face ID or fingerprint scan as an alternative through official apps.<\/p>\n
One of the things were really honing in right now is to not store those passwords on your phone no matter how secure you think they are, he said.<\/p>\n
So far, its unknown how the thief managed to obtain enough of the victims personal information to convince a retailer to issue a new phone to them then gain access to Coinbase information.<\/p>\n
Police say the case could involve out-of-state or out-of-country accomplices.<\/p>\n
Its not like a crime scene where you can go out and start sweeping for fingerprints. It takes time and we have to get cooperation through search warrants, Neveu said.<\/p>\n
Police are also investigating another similar theft of more than a million dollars last July. If you have any information, call the Bloomfield Township Police Department at 248-433-7755.<\/p>\n
<\/p>\n
View post: BLOOMFIELD TOWNSHIP, Mich. (WXYZ) A victim from Bloomfield Township was the target of hackers who stole six figures worth of Bitcoin cryptocurrency. Police say the victim came forward May 9 and lost $204,000 worth of Bitcoin cryptocurrency. Continue reading
\nHackers hijack Bloomfield Township man's SIM card, steal $200K in ... - WXYZ 7 Action News Detroit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"