Wu Blockchain reports that the U.S. Department of Justice has disclosed that British citizen Tyler Robert Buchanan has pleaded guilty to participating in SMS phishing attacks between September 2021 and April 2023. He infiltrated the systems of at least a dozen companies and stole information, then bypassed two-factor authentication through methods like SIM card swapping to gain control of victims' crypto accounts and wallets. He stole at least $8 million in crypto assets from multiple individual victims in the U.S. Buchanan has been charged with conspiracy to commit wire fraud and aggravated identity theft, facing up to 22 years in federal prison. Several co-defendants in the case are still awaiting trial. https://(wublock123.com)/news/news-59845