Summary: A member of the Scattered Spider cybercrime group, Noah Michael Urban, has pleaded guilty to multiple charges related to cryptocurrency theft and identity fraud, risking up to 60 years in prison. The group is notorious for using SIM swapping tactics to bypass security measures and has been linked to significant financial losses, affecting various corporations. Urban has admitted to stealing over .6 million worth of cryptocurrency and is required to forfeit seized assets and pay restitution to victims.
Affected: Scattered Spider cybercrime group, various corporations and individuals
Keypoints :
- Noah Urban, 20, pleaded guilty to wire fraud and aggravated identity theft, with losses estimated between .5 million and million.
- Investigators seized .89 million in cryptocurrency from Urban’s computer during raids, linking him to SIM swap schemes and phishing attacks.
- The Scattered Spider group is responsible for several high-profile cyber incidents, including those affecting major companies like Coinbase and MGM Casino.
Source: https://therecord.media/scattered-spider-member-noah-urban-guilty-plea