Men arrested in plot to steal $550K in cryptocurrency

BOSTON — Two men from Massachusetts were arrested and charged in Boston federal court Thursday in an elaborate scheme to steal hundreds of thousands of dollars from cryptocurrency executives and others that included taking over their social media accounts and threats to their families.

Federal prosecutors say Eric Meiggs, 21, of Brockton, and Declan Harrington, 20, of Rockport, used cell phone SIM-card swapping and computer hacking to target online accounts of at least 10 individuals with large amounts of cryptocurrency. The victims included the heads of cryptocurrency companies.

The two defendants stole or attempted to steal more than $550,000 in cryptocurrency, according to prosecutors, and gained access into two victims’ “OG” (original gangster) accounts with social media companies. They were unsuccessful in stealing from some of the victims.

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Meiggs and Harrington, whose alleged actions spanned multiple years, were charged in an 11-count indictment and arraigned Thursday. Each face one count of conspiracy, eight counts of wire fraud, one count of computer fraud and abuse, and one count of aggravated identity theft.

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