Decoding FTX mysteries: how simple sim-swap led to a $400M theft

2024-2-3 14:19

The news that the FTX attack was not an intricate scheme but a mere sim-swap attack was among the most eye-catching revelations in the crypto market this week. Recent court documents show three individuals lured mobile phone providers with fake identity to access victim’s financial accounts.

The hack, which saw the crypto exchange losing more […].

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Источник: invezz.com

attack sim-swap → Результатов: 9

Vitalik Buterin sim-swap hack exposes Twitter Blue account security flaw

Ethereum co-founder Vitalik Buterin confirmed that his X (formerly Twitter) account was breached via a sim-swap attack, according to a Sept. 11 post on Warpcast. A sim-swap attack is a scheme that exploits a vulnerability in specific two-factor authentication methods, where a phone call or text message serves as the second authentication step.

2023-9-12 17:00
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Buterin unveils X account hack stemmed from SIM-swap attack

Ethereum's co-founder, Vitalik Buterin, has shed light on the unsettling breach of his X (Twitter) account, attributing it to a SIM-swap attack.

2023-9-12 10:32	vitalik buterin
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Vitalik Buterin reveals X account hack was caused by SIM-swap attack

The Ethereum co-founder has regained control of his T-Mobile account, confirming that a SIM-swap attack resulted in the hack of his X account.

2023-9-12 06:51	Scam
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US SIM-swapper who stole $20m in crypto jailed

A 26-year-old crypto thief who stole cryptocurrencies using the SIM-swap attack has been ordered to prison for three years. The Pennsylvania-based attacker, Anthony Faulk, used the SIM-swap technique to steal $20 million worth of crypto assets. Per the report, he…

2023-8-21 12:58
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US Court Continues with $1.8M Crypto Lawsuit against Telecom Giant AT&T

Two-time Emmy winner Seth Shapiro filed the lawsuit in December 2019 after a SIM-swap attack saw him lose worth $1. 8 million of crypto. A US federal judge has allowed a lawsuit against AT&T concerning the theft of $1.

2020-5-21 15:25
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AT&T Seeks Dismissal of $200M in Damages for 2018 SIM-Swap Attack

The hacking victim, Michael Terpin, alleges that AT&T was aware of SIM-swapping attacks targeting its customers but did not act to prevent them

2020-4-2 14:30
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Investor Loses $45 Million In Bitcoin (BTC) And Bitcoin Cash (BCH) Via A SIM-Swap Attack

A hacker has drained the account of a Chinese whale of approximately $45 million in a SIM-swap heist. For those in the dark, a SIM swap attack is an act of porting a user’s mobile number to another SIM card in the possession of a hacker without the user’s knowledge. The bad actor is then […]

2020-2-22 17:49	Bitcoin News
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Moonday Mornings: Another cryptocurrency SIM-swap victim sues AT&T, this time for $1.8M

Welcome to Moonday Morning forkers. It’s Hard Fork’s wrap-up of the weekend’s top cryptocurrency and blockchain headlines you can’t afford to miss. Take a look at what’s happened over the last few days.

2019-10-21 11:17	hard fork
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Bitcoin Bull Jack Dorsey’s Twitter Hack Is a Wakeup Call for Crypto Security

Yesterday, the CEO of Twitter and Square Inc. , and staunch Bitcoin and crypto supporter, Jack Dorsey, had his personal Twitter account hacked by the way of a SIM-swap attack and SMS-based backdoor.

2019-9-1 23:01	#twitter
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Pennsylvania House passes bipartisan Bitcoin bill

Pennsylvania House of Representatives have passed “The Bitcoin Rights Bill”, with a bipartisan majority of 176 to 26. The bill seeks regulatory clarity to the digital assets industry, including on self-custody, payments and taxation.

Bank of Ghana unveils draft regulations for digital assets

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CFTC Chair says 70-80% of cryptocurrencies are non-securities

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Italian central bank set to introduce crypto guidelines

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Regulatory Reboot: Hong Kong to Adjust Crypto Laws in Response to Lawmaker’s Inquiry

Hong Kong’s financial regulators are taking a measured approach to cryptocurrency regulations, responding with a constant change to market developments. Christopher Hui, the Treasury chief, recently emphasized the government’s strategy of continuously monitoring and adapting crypto-related rules to match the evolving industry.