US arrests Scattered Spider suspect linked to telecom hacks

U.S. authorities arrested a 19-year-old tied to the Scattered Spider hacking collective for breaching a U.S. financial institution and two telecom firms via phishing and social engineering, and for using telecom access to send over 8.6 million SMS phishing messages to steal cryptocurrency; the report details tactics (credential harvesting, impersonation calls, SIM swapping, MFA fatigue), targeted domains (e.g., yourgeminiclaims.net, kucoinclaims.com), prior group arrests, and FBI-seized evidence.