"Terpin was the victim of a cutting-edge scam known as SIM swapping. Tech-smart thieves managed to swap Terpin’s digital identity remotely from the SIM card that controlled his Blackberry to a blank SIM card in one of their phones.

Usually, the scam victimizes those who own Bitcoin and other cryptocurrency. Difficult to tax or trace, crypto has become the payment of choice for kidnappers, drug dealers, smugglers and gamblers."