Ahmed Hossam Eldin Elbadawy, a core member of Scattered Spider, pleaded guilty to wire fraud conspiracy and aggravated identity theft in connection with extortion attacks from 2021 to 2023. Prosecutors say he and his co-conspirators stole company credentials and virtual currency from victims across entertainment, telecom, technology, cloud, IT, and virtual currency sectors. #ScatteredSpider #AhmedHossamEldinElbadawy #NoahMichaelUrban #TylerRobertBuchanan
Keypoints
- Ahmed Hossam Eldin Elbadawy pleaded guilty to wire fraud conspiracy and aggravated identity theft.
- He was part of the Scattered Spider subgroup of The Com.
- The group used social engineering to steal credentials and target valuable virtual currency accounts.
- Authorities linked the scheme to at least 29 victims and 12 victim companies.
- Prosecutors are seeking forfeiture of Bitcoin, Ethereum, cash, and luxury assets tied to the crimes.
Read More: https://cyberscoop.com/scattered-spider-member-guilty-ahmed-elbadawy/