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Man Sentenced for SIM-Swap Crypto Theft
A 25-year-old man, Ajay Shinjin, was sentenced to 2.5 years in prison for his role in a SIM-swap fraud that resulted in four victims losing £200,000 in cryptocurrency. Shinjin received over £44,000 from the stolen funds, which he spent on luxury items and vacations. He was arrested in October 2023 upon returning from Dubai. The City of London Police emphasized the sophistication of SIM-swap fraud and the importance of holding technology-based criminals accountable.