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ZachXBT

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<ul class="news-points"> 
 <li><strong>ZachXBT shared that more than $13.3 million has been stolen in the past four months as a result of 54 SIM swap scams.</strong></li> 
 <li><strong>Most of the victims of these scams were Americans.&nbsp;</strong></li> 
 <li><strong>John Deaton addressed the issue and how these scams could be very believable.</strong></li> 
</ul> 
<p>ZachXBT, an on-chain detective, shared that over the past four months, more than $13.3 million has been stolen as a result of 54 SIM swaps targeting crypto holders. John Deaton, a crypto lawyer and founder of Crypto Law, replied to ZachXBT’s tweet, addressing the seriousness of the issue and mentioning how these hackers could come off as “very sophisticated.”</p> 
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   <p lang="en" dir="ltr">Over the past four months $13.3M+ has been stolen as a result of 54 SIM swaps targeting people in the crypto space.<br><br>When an account is compromised scammers attempt to create a sense of urgency with a fake claim to drain your assets. <br><br>Never use SMS 2FA and instead use an… <a href="https://t.co/Fu1C3syQJE" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Fu1C3syQJE</a></p>— ZachXBT (@zachxbt) <a href="https://twitter.com/zachxbt/status/1694326221511794706?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 23, 2023</a> 
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<p>Furthermore, ZachXBT added that when an account is compromised, scammers attempt to create a sense of urgency with a fake claim to drain users’ assets. The blockchain enthusiast warned against using SMS two-factor authe…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/13-3m-is-stolen-as-a-result-of-sim-swap-scams-zachxbt-claimed/">$13.3M Is Stolen as a Result of SIM Swap Scams, ZachXBT Claimed</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

$13.3M Is Stolen as a Result of SIM Swap Scams, ZachXBT Claimed

Coin Edition

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