SIM-swapping can lead to identity and financial fraud.

The bust is the latest evidence hinting at the extent to which established organized crime groups are adopting hacking methods.

The stolen funds would be worth $65,000 today, the suit claims.

Eric Meiggs, 23, is one of multiple defendants charged as part of the years-long fraud effort.

International police did not name specific victims. The crooks were able to steal about $100 million in cryptocurrency as well as personal data.

The exact circumstances remain shrouded in mystery.