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Bitcoin bandit Nicholas Truglia was extradited Thursday to California to face charges he hacked into the phones of Silicon Valley bigwigs to try to steal their cryptocurrency.

“I didn’t do it,” said Truglia, 21, as he was led to a waiting car by two burly deputy sheriffs. “The allegations are false.”

The computer whiz allegedly stole $1 million from San Francisco father-of-two Robert Ross — all without leaving his luxury West 42nd Street pad, according to Santa Clara Superior Court records.

Truglia pulled off the Oct. 26 heist using a scheme called SIM swapping. He persuaded cellular customer-service representatives to port his victim’s phone number to a number he controls, giving him unfettered access to the device and locking out the owner.

Ross watched helplessly as his phone went dark and Truglia allegedly converted his cash in Coinbase and Gemini accounts into bitcoins and moved it to his personal account, officials said.

The alleged con man tried to pull the same scam on Saswata Basu, CEO of the blockchain storage service 0Chain and Gabrielle Katsnelson, the co-founder of the startup SMBX.

Court records show he took over their phones but wasn’t able to access their cryptocurrency.

(Excerpt) Read more Here | 2018-12-14 01:42:00

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