Call Of Duty Players Steal Over $3 Million In Cryptocurrency in Hacking Scheme
Call Of Duty Players Stealing More Than $3 Million In Cryptos In A Computer-Hacking Scheme
A group of Call of Duty players is speculated by officials of engineering a plot to steal more than $3 million in cryptocurrency. The group purportedly hacked into cryptocurrency wallets after gaining access to a victim’s cell phone.
One of the suspects who resides in Bloomington told the FBI he met members of the ring online while playing “Call of Duty,” the popular online video game in which players in different places can compete in simulated warfare and communicate with each other. He said they forced him to compete, according to an application for a warrant to search another suspect who resides in Dolton.
He added that hackers intimidated him into participating by “SWATting” him. Swatting is the name given to an increasingly popular tactic where someone calls law enforcement to report a fake emergency at a targeted person’s home. The desired end is to have a SWAT team (Special Weapons and Tactics) barge into the victim’s house.
An FBI affidavit says that after intimidating the man to participating, he allegedly helped the group gain control of more than 100 different phones, so the thieves could steal cryptocurrency.
Nevertheless, the anonymous Bloomington man told in an interview how he was a victim of the scheme, and maintained that he has never profited from crypt-hacking.
Augur Contributes To The Investigation
On Dec. 12, 2016, Augur, a San Francisco company that created a digital currency called the Reputation Token, reported to the FBI that the firm’s employees and investors were being targeted for theft of their cryptocurrency, the FBI affidavit says. Augur is an online platform that lets people create “prediction markets” where they bet cryptocurrency, such as Reputation, on something’s most likely outcome — anything from a sporting event to a possible political assassination.
An FBI affidavit said company employees told the agency how their digital currency, the Reputation Token (REP), was being stolen. According to the company, REP is used on the Augur betting platform and helps keep the overall infrastructure “growing and running smoothly.”
Notably, the overall idea of Augur is to allow people to make ‘prediction markers’ where they can bet virtual currency on different outcomes for situations, like a sporting event.
Investigating authorities think the gamer group was able to steal about $805,000 dollars worth of Reputation Token by shuffling stolen tokens through various cryptocurrency networks.