He’s the Billy the Child of bitcoin.

Twenty-one-year-old Manhattan con man Nicholas Truglia hacked into the telephones of Silicon Valley bigwigs to attempt to steal their cryptocurrency — and in a single occasion, pulled it off, authorities mentioned Tuesday.

Truglia, who claims on Fb to be a Harvard College scholar, focused the Who’s Who of the Bay Space from his comfortable West 42nd Avenue high-rise condominium, officers mentioned.

“It’s a brand new manner of doing an outdated crime,” mentioned deputy DA Erin West of Santa Clara Superior Courtroom to The Put up. “It’s a pervasive downside, and it includes thousands and thousands of dollars.”

Truglia stole $1 million from San Francisco father of two Robert Ross within the SIM-swapping scheme, based on officers and courtroom data.

Ross watched helplessly on Oct. 26 as his telephone went darkish and $500,000 in a Coinbase account and one other $500,000 in a Gemini account vanished in seconds. It was his daughters’ faculty fund — his whole life financial savings, West mentioned.

Truglia allegedly transformed the money to cryptocurrency and moved it into his private account, authorities mentioned.

His different marks embody Saswata Basu, CEO of the block-chain storage service 0Chain; hedge-funder Myles Danielsen, vp of Corridor Capital Companions, and Gabrielle Katsnelson, the co-founder of the startup SMBX.

Though Truglia didn’t rating any bitcoin together with his different victims, he was capable of take over their telephones, courtroom data present.

SIM-swappers persuade mobile customer-service representatives to port victims’ telephone numbers to their telephone, giving them entry to the gadget’s account data.

“You’re sitting in your house, your telephone is in entrance of you, and also you immediately turn into conscious there isn’t a service as a result of the dangerous man has taken management of your telephone quantity,” West mentioned.

West is a part of the Santa Clara REACT job drive, which pursues SIM-swapping circumstances nationwide.

The group, which incorporates federal brokers, flew to New York on Nov. 14 and arrested Truglia at his condominium, authorities mentioned.

West mentioned brokers discovered a “hardware pockets, a tool nearly like a thumb drive” within the pad, they usually had been capable of get better $300,000 in stolen funds.

Truglia is being held on the Manhattan Detention Complicated pending extradition to Santa Clara, Calif., the place he faces 21 felony counts associated to a complete of six victims, officers mentioned.

The allegations stem from a one-week hacking spree that began Oct. eight and embody prices of grand theft, altering or damaging laptop information with the intent to defraud and utilizing private data with out authorization.

Authorities consider Truglia was working with a crew.

“The takeaway right here to the hackers is, ‘We don’t care the place you’re positioned, we’re a job drive based mostly in Silicon Valley, and our attain is nationwide,’ ” mentioned West, who referred to as SIM-swapping a pervasive downside.

The tables had been turned in September when Truglia referred to as the cops on 4 mates who he claimed tried to steal a thumb drive with account information linked to $1.2 million in bitcoin.

“It’s fairly widespread for individuals to focus on individuals who have quite a lot of cryptocurrency,” Truglia mentioned in an interview earlier than his arrest.

He informed authorities that Stephen Orso, 25, demanded that he “present him with login data for his cryptocurrency accounts whereas holding his head underwater within the bathtub, punching him within the abdomen and throwing scorching wax on him,” a grievance states.

Orso, David Leica, 19, Steven Dorn, 29, and Chis David, 25, had escorted a drunken Truglia house earlier that night time.

Lawyer Stacey Richman, who represents the 4 buddies, mentioned Truglia made up the allegations to cowl up his personal crimes.

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