On April 21, 2026, a 24‑year‑old British national, Tyler Robert Buchanan—known online as Tylerb—pleaded guilty in federal court to charges of wire fraud conspiracy and aggravated identity theft. Buchanan, a senior member of the cybercrime collective Scattered Spider, admitted that his role in a series of text‑message phishing campaigns during the summer of 2022 enabled the group to breach the security of at least a dozen major technology companies and siphon tens of millions of dollars in cryptocurrency from investors.
The indictment alleges that the phishing attacks tricked employees into revealing login credentials, which the group then used to access corporate wallets and transfer funds. Investigators estimate that the stolen cryptocurrency is worth approximately $30 million, though the exact amount remains under investigation.
Scattered Spider has been linked to a range of high‑profile cyber‑attacks, and this admission marks the first time a member has publicly acknowledged involvement in the group’s operations. The plea deal includes a potential sentence of up to 20 years in prison and restitution to affected investors.
Source: ‘Scattered Spider’ Member ‘Tylerb’ Pleads Guilty
Domain: krebsonsecurity.com
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