Tag: SIM Swap

BlockFi Users Had Their Personal Exposed Following a SIM Swap

Ethereum’s DeFi industry is growing by leaps and bounds, but not all solutions are safe from harm. In the case of BlockFi, there was a recent data theft, although no funds are affected at this time. The data theft in question seemingly dates back to May 14, according to an official post by BlockFi. A Major BlockFi Data Theft Due to the temporary data breach, client data has been exposed …
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The $45 Million SIM Swap Story Involving BCH and BTC Remains Questionable

Losing funds is not uncommon in the cryptocurrency space. This is primarily due to the ongoing rise in SIM swapping attacks. Several users have fallen victim to a SIM swap in recent years. BCH SIM Swap Story Seems Questionable It has proven to be a very effective method for criminals to exploit. One user claims to have lost over $45 million in holdings not that long ago. Of this funds, …
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Another Coinbase User Falls Victim to a SIM Swap Attack

Cryptocurrency users around the globe face many different threats. SIM Swaps are perhaps the worst type of attack, yet they continue to occur on a regular basis. Anyone keeping bitcoin or altcoins on an exchange would be better off using a hardware wallet of some sorts. Another SIM Swap Story Pops up Users who rely on exchanges or online wallets are more prone to get targeted by a SIM swap …
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DOJ Indicts two US Men for SIM Swapping and Crypto Theft

Putting an end to cryptocurrency scams remains an ongoing effort. The Department of Justice has recently arrested and charged two individuals for stealing cryptocurrencies. In the document published on the DOJ website, it is explained how two Massachusetts men are currently in custody. SIM Swapping Culprits get Nabbed Both of these individuals are charged with being involved in SIM swapping incidents, resulting in the theft of various cryptocurrencies. Their main …
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