TLDR Tech / InfoSec
Scattered Spider member Tyler Buchanan pleads guilty to major crypto theft
Tyler Buchanan, a 24-year-old Scottish national linked to the Scattered Spider cybercrime group (UNC3944), pleaded guilty in a US court to wire fraud conspiracy and aggravated identity theft. Buchanan and his co-conspirators deployed SMS phishing kits to harvest corporate credentials into a Telegram channel, then weaponized that stolen data to execute SIM swap attacks against individuals, bypassing two-factor authentication to drain cryptocurrency wallets. The scheme netted at least $8 million in stolen virtual currency, and Buchanan faces up to 22 years in federal prison at his August sentencing, following the recent 10-year sentence of fellow Scattered Spider member Noah Michael Urban.
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