ZachXBT: SIM card swapping fraud needs stricter penalties, and juvenile offenders are punished too lightly

According to Foresight News, crypto detective ZachXBT posted that "SIM card swapping/social engineering fraud requires more severe penalties. Laws in Canada/EU are very lenient, allowing threat actors to escape many punishments. Many of them are minors, which enables them to avoid more penalties, and their details are protected (which is why I disclose their full names regardless of age). In 2020, 17-year-old Canadian Cameron Redman helped a SIM card swap attack that obtained $37 million, and his full name or photo was never mentioned on the internet until I released it after he was involved in phishing/X ATO."