PANews reported on December 5 that according to Bloomberg, US prosecutors accused 19-year-old Remington Ogletree of using the resources of the Scattered Spider hacker group to invade two telecommunications companies and a US financial institution, stealing data and defrauding millions of users of cryptocurrency through phishing links, causing a total loss of US$4 million.

Ogletree is suspected of abusing telecommunications system privileges to send 8.5 million phishing text messages impersonating crypto exchanges and gaming companies, inducing users to disclose sensitive information. In addition, he also obtained account access to a financial institution by deceiving 12 employees and stole customer financial information. Scattered Spider has previously been accused of carrying out cyberattacks against MGM Resorts, Coinbase and other companies.