Ortiz was a smart hacker
Such a great talent and genius can be put to use for the benefit of the cryptocurrency industry.
I appreciate Joel Ortiz tech skills,
You guys didn't read more than 3 lines of that article, did you?
Joel Ortiz, a skilled SIM Swapper
Do you know what a SIM Swapper is? A guy that goes to a phone company office and tries with a convincing story to have the victim's sim card replaced and handed to him. Then he uses that sim card to have all the passwords of the victim's social media accounts or exchange reset and takes control over them.
There is no "hacking", no "tech-savvy" , he is at the same level as a guy trying to sell snake oil to some morons.
I agree - SIM jacking is not "tech savvy". It is a confidence trickster.
It is on par to stealing someones car by fooling the valet parking attendant into giving you the keys.
It is also foolish to tie your accounts to a phone number. Using text or email as your 2FA is like locking your house and leaving a note on the door reminding where the backup key is hidden.
Txt is not secure - it can be intercepted. With companies greedily trying to steal customers from other providers and service providers hiring people that are not aware of how much is at stake when they give a phone number to the wrong person - phone numbers are not secure.
Porting a number to another phone is relatively easy if you have certain information.
There are whole websites dedicated to phone jacking and stealing social media accounts for profit.