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“The victims targeted in this case were publicly-active in the crypto-currency space,” Roper told ABC News. “There’s a belief that people who are out there writing about or talking about crypto-currency are going to have holdings in one or more crypto-currencies. They’re attractive targets.”

Bakies is charged with stealing more than $10,000 in crypto-currency from three Manhattan victims, plus much more from the others, in what is the first-ever prosecution of SIM swapping in New York and among the first in the nation.

“Today my office is putting the small handful of sophisticated ‘SIM Swappers’ out there on notice,” said Manhattan District Attorney Cy Vance. “We know what you’re doing, we know how to find you, and we will hold you criminally accountable, no matter where you are.”

Bakies pleaded not guilty and was released on $100,000 bail.

When investigators searched his home in Ohio, according to court records, they found several devices used in the scheme, including a laptop with encrypted drive containing a document named “Hacker [expletive]!” The document had the names of “finished targets” including the three Manhattan victims, according to a court affidavit.

Prosecutors said wireless carriers should wake up to an increasingly common scheme.

“Carriers need to rethink the way they authenticate people,” Roper said.

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