BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Scattered Spider Hacker Sentenced to 10 Years for Crypto Thefts

Scattered Spider Hacker Sentenced to 10 Years in Prison for Cryptocurrency Theft and High-Profile Cyberattacks

  • A member of the Scattered Spider cybercrime group received a 10-year U.S. prison sentence for involvement in cryptocurrency theft and Hacking.
  • Noah Michael Urban, age 20, pleaded guilty to wire fraud and aggravated identity theft.
  • Urban was ordered to pay $13 million in restitution and will serve three years of supervised release after prison.
  • The group used SIM swapping and social engineering tactics to steal data and digital assets from victims and companies.
  • Law enforcement continues to target members of organized hacking alliances tied to large financial crimes.

Noah Michael Urban, a 20-year-old from Florida and member of the hacking group Scattered Spider, has been sentenced to 10 years in federal prison for his role in a series of high-profile cybercrimes. U.S. authorities charged Urban with wire fraud and aggravated identity theft for attacks carried out between August 2022 and March 2023.

- Advertisement -

The sentencing, reported on August 21, 2025, follows Urban’s guilty plea earlier this year. In addition to prison time, he must serve three years of supervised release and pay $13 million in restitution to victims. Prosecutors said Urban and his group used SIM swapping, a method that transfers phone numbers to different devices, to gain access to victims’ cryptocurrency accounts and steal funds.

According to the U.S. Department of Justice (DoJ), Urban’s actions led to the theft of at least $800,000 from five victims during an eight-month period. After his arrest in January 2024, more charges were made public against Urban and four others, alleging the use of social engineering tricks—such as pretending to be company employees—to access corporate networks, steal proprietary data, and seize cryptocurrency accounts.

One co-conspirator, Tyler Robert Buchanan, was extradited from Spain to the U.S. in April 2025. The authorities noted that Scattered Spider has recently teamed up with threat groups like ShinyHunters and LAPSUS$, forming alliances within a larger cybercriminal network known as The Com.

Experts say such groups often rely on urgent and deceptive tactics. “Scattered Spider has historically leaned on tactics that generate urgency, drive media and industry attention, create fear of exposure, and help force victims to payout quicker,” said Adam Darrah of ZeroFox. Flashpoint, a Cybersecurity firm, explained that Scattered Spider targets weaknesses among people within organizations using methods like vishing (voice phishing), smishing (SMS phishing), and multi-factor authentication fatigue attacks, showing that even strong technical security can be defeated by tricking users.

- Advertisement -

The case highlights ongoing law enforcement efforts to disrupt cybercriminal groups that use advanced social engineering and technical attacks to steal millions of dollars and sensitive information from organizations and individuals.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Sonic V2.2 doubles smart contract size limits for developers

Sonic V2.2 doubles the maximum deployed contract size from 24 KiB to 48 KiB...

ByteDance Secures $29.6B Loan from 30 Banks for AI Push

TikTok parent ByteDance secured a $29.6 billion loan from nearly 30 Chinese and international...

Musk: Tesla IPO value was a thousandth of current value

Tesla stock fell roughly 6% on Friday after the Cybercab launch event in Austin...

Tesla Cybercab stock crashes 6% on NHTSA audit

Tesla stock dropped 6% in an hour after the NHTSA opened a compliance audit...

Pineapple moves $1B mortgage records onto Injective blockchain

Pineapple Financial has migrated over $1 billion in residential mortgage records onto Injective, with...

Must Read

This is How to Buy and Sell Bitcoin

Now more than ever, there are a variety of ways to enter and exit the crypto market. While this is good, the availability of...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading