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“It could be catastrophic to the city” – US Secret Service takes down massive million-dollar network of SIM cards it says was capable of taking down comms across New York

by admin September 24, 2025



  • A massive communications network was uncovered in New York
  • The network is made of 300 servers containing 100,000 SIM cards
  • Only part of the network was deployed, with more equipment discovered ready to be added to the network

The US Secret Service has uncovered and dismantled a telecommunications network in New York which may have been used by organized criminals to communicate with foreign state-sponsored actors.

The enormous network was made up of over 300 servers that housed a combined 100,000 SIM cards, and allegedly had the potential to disrupt phone networks across the tristate area and facilitate encrypted communications.

The United Nations General Assembly is currently ongoing in New York, and the Secret Service has suggested the network could have been used “to conduct multiple telecommunications-related threats directed towards senior U.S. government officials.”


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Advanced Threat Interdiction Unit

The 300 co-located servers were all within 35 miles of the United Nations and could have been involved in “disabling cell phone towers, enabling denial of services attacks and facilitating anonymous, encrypted communication between potential threat actors and criminal enterprises.”

An investigation is currently ongoing and is being conducted by the Secret Service’s new Advanced Threat Interdiction Unit, which is “dedicated to disrupting the most significant and imminent threats to our protectees.”

While the network included 100,000 active SIM cards being used in encrypted communications, the Secret Service also said that there were many more waiting to be deployed.

Image 1 of 5

A photo provided by the US Secret Service showing a modular server box containing 512 SIM cards.(Image credit: US Secret Service)A photo provided by the US Secret Service showing a collection of SIM servers containing thousands of SIM cards.(Image credit: US Secret Service)A photo provided by the US Secret Service showing a room of confiscated communications equipment.(Image credit: US Secret Service)A photo provided by the US Secret Service showing a desk with a collection of confiscted communications equipment.(Image credit: US Secret Service)A photo provided by the US Secret Service showing a wall of confiscated SIM servers, with tens of thousands of SIM cards visible.(Image credit: US Secret Service)

Matt McCool, special agent in charge of the Secret Service’s New York field office said, “It can’t be understated what this system is capable of doing. It can take down cell towers, so then no longer can people communicate, right? … You can’t text message, you can’t use your cellphone. And if you coupled that with some sort of other event associated with [the UN general assembly], you know, use your imagination there – it could be catastrophic to the city.”

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The Secret Service has been investigating threats against senior US officials from telecommunications networks, which led to the discovery of the SIM cache network.

Multiple US officials have been targeted in impersonation and ‘smishing’ attacks in recent months.

The SIM cards will be analyzed for phone calls and text messages, with the network capable of sending upwards of 30 million messages in a single minute, McCool said, stating the network was highly organized and would have cost millions of dollars to construct.

“The potential for disruption to our country’s telecommunications posed by this network of devices cannot be overstated,” added Sean Curran, director of the Secret Service.

“The U.S. Secret Service’s protective mission is all about prevention, and this investigation makes it clear to potential bad actors that imminent threats to our protectees will be immediately investigated, tracked down and dismantled.”

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September 24, 2025 0 comments
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Bitcoin Is Replacing Gold And Heading For A Million-Dollar Valuation, Tom Lee Declares

by admin August 19, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the early days of Bitcoin, the largest cryptocurrency was seen as a mere tech asset by early adopters and developers with no intrinsic value. However, BTC has since grown at an exponential rate over the years, slowly earning the reputation of Digital Gold in the crypto and financial landscape.

Gold Out, Bitcoin Taking Over

Bitcoin’s mainstream status is growing strong across the broader financial sector, with many well-known figures and companies doubling down on the crypto king. As Bitcoin takes over the finance system, Tom Lee, Veteran market strategist and Fundstrat Global Advisors CEO, reignited the bullish debate around BTC, its stark transformative potential, and role.

Trending Bitcoin on the social media platform X shared a short clip of a recent interview where Fundstrat’s CEO made the bold declaration about BTC. While underscoring BTC’s evolution from an ordinary tech asset to a mainstream asset, Lee has once again doubled down on his bold forecast that BTC may reach the million-dollar valuation in the years ahead.

In the interview, Lee gave his latest remarks on BTC, emphasizing that Bitcoin is not just a speculative asset but a viable replacement for Gold, the world’s largest asset. This audacious claim by Lee positions the crypto king as the ultimate store of value in the dynamic digital era.

Lee’s statement that BTC will replace Gold is backed by the conviction of market participants and the use cases of the asset, which have several use cases. With institutional adoption growing and investor confidence in conventional hedges declining, Bitcoin’s resilience and scarcity will solidify its role as the contemporary counterpart and ultimate replacement of gold.

Considering these developments, the CEO  has recalled his long-term bullish projections for Bitcoin, noting that it will hit the $1 million value over time. After sharing his price prediction, Lee also delved into the longstanding BTC 4-year cycle. 

According to the veteran strategist, the 4-year cycle could be drawing close to its end for BTC. This is because of how institutions are adopting the asset as the thesis is taking place. As a result, institutional investors and essentially permanent holders of BTC will start engaging with the crypto asset. 

Lee has declared this wave of strong investors a good thing for BTC. Thus far, the CEO expects the asset to significantly build on the $120,000, which would act as a launchpad to the $200,000 and $250,000 range before the end of this year.

Large Institutions Are Still Buying BTC

Despite facing heightened bearish pressure, large companies are showing robust confidence in Bitcoin, as they continue to purchase it in substantial portions. A recent BTC Buy from a Japanese-based firm, Metaplanet, demonstrates this persistent accumulation among big corporations.

In another strategic move, Metaplanet has acquired an additional 775 BTC, valued at $93 million at $120,006 per coin. According to the report shared by the firm’s president, Simon Gerovich, Metaplanet’s overall Bitcoin holdings now stand at 18,888 BTC, worth a staggering $1.9 billion. The data shows that the firm has achieved a yield of 480.2% year-to-date (YTD) in 2025.

BTC trading at $115,186 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 19, 2025 0 comments
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