Are there any reported cases of sim swap attacks targeting cryptocurrency investors?

3 answers

• River FlatleyJul 16, 2021 · 4 years ago
  Yes, there have been several reported cases of sim swap attacks targeting cryptocurrency investors. These attacks involve hackers gaining control of a victim's phone number and using it to gain access to their cryptocurrency accounts. Once they have control, the hackers can transfer funds out of the victim's accounts without their knowledge. It is important for cryptocurrency investors to be aware of this threat and take steps to protect their accounts, such as using two-factor authentication and avoiding sharing personal information online.
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• Juan Antonio Moreno MoguelMar 05, 2023 · 2 years ago
  Absolutely! Sim swap attacks have become a major concern for cryptocurrency investors. Hackers are increasingly targeting individuals who hold significant amounts of cryptocurrency, as they see them as lucrative targets. These attacks can result in the loss of substantial amounts of money, so it is crucial for investors to take precautions to safeguard their accounts. This includes using strong passwords, enabling two-factor authentication, and regularly monitoring their accounts for any suspicious activity.
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• D GalaaApr 09, 2022 · 3 years ago
  Yes, sim swap attacks have unfortunately become a common occurrence in the cryptocurrency world. These attacks involve hackers tricking mobile phone carriers into transferring a victim's phone number to a SIM card controlled by the attacker. Once they have control of the victim's phone number, the hackers can gain access to their cryptocurrency accounts and steal their funds. It is important for cryptocurrency investors to be vigilant and take steps to protect themselves, such as using hardware wallets and avoiding storing large amounts of cryptocurrency on exchanges.
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