BetMGM Hacker Arrested in Spain after FBI Warrant
A British individual linked to a cyberattack on BetMGM has been arrested following an FBI investigation and issuance of an arrest warrant.
The scammer was alleged to be a member of Scattered Spider hacker group infamous for their MGM Resorts cyberattack. (Source: The Digital Artist, Pixabay)
LISTEN TO THIS ARTICLE:The unnamed UK national was apprehended by Spanish authorities in Palma de Mallorca. The Spanish police surveillance revealed that the suspect entered Spain in May before moving to Mallorca, where he was tracked down.
The authorities eventually arrested him as he attempted to board a flight to Italy. During the arrest, Spanish police confiscated the suspect's laptop and cellphone.
The British suspect was arrested in connection with a cyberattack operation that targeted BetMGM and saw fraudulent accounts created on the platform. The suspect allegedly used the personal information of pro poker players to create the accounts and facilitate unauthorized withdrawals of up to $10,000 per transaction.
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Scammer Utilized Sim-Swapping Attacks
The suspect is alleged to have carried out SIM-swapping attacks on the affected individuals. This involves exploiting two-factor authentication systems by intercepting one-time passwords. Through the illegal tactic, the suspect gained access to and created new accounts on BetMGM.
Based on an ESPN report, pro poker player Todd Witteles was one of the victims of the alleged fraud. The scammer created an unauthorized BetMGM account using his identity in West Virginia and subsequently deposited $10,000 from his bank account. The scammer then withdrew the entire amount to a Venmo card.
Prior to the scam, Witteles had no history of creating a BetMGM account or visiting West Virginia. The British suspect 'Tyler' had allegedly amassed about $27 million in Bitcoin through fraudulent means.
He was purportedly a member of the Scattered Spider hacker group, accused of cyberattacking on US casinos, including MGM Resorts and Caesars, last year. As disclosed in an SEC regulatory filing, MGM Resorts lost over $100 million from the attack.
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