Prosecutors stop accused hacker walking out of court

Prosecutors stopped a hacker accused for £35m cryptocurrency fraud walking free today (Fri) after they appealed a decision to grant him bail. Corey De Rose, 21, allegedly used a technique known as “Sim Swapping” or “Sim Hacking” to steal the identities and cryptocurrency wallets of Americans along with other members of the hacker group “The Community”. The self-professed member of “hackergroup” allegedly stole over a total US$50m in cryptocurrency from multiple victims, and a further US$8.5m from a victim identified…

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