Users linking their Friend.Tech accounts to real-world X profiles and phone numbers heighten the vulnerability to security breaches.

Several Friend.Tech users recently reported falling victim to SIM swap attacks over the weekend, resulting in successful thefts of thousands of dollars' worth of tokens.

It's important to note that the Friend.Tech code itself remained unexploited, and there is no immediate risk to its users. The application allows individuals to purchase "shares" in accounts associated with X, which confers certain privileges upon the buyers.

SIM swap attacks are unfortunately quite common and occur when malicious actors gain control of a mobile phone by deceiving service providers into transferring the associated phone number to a SIM card under the attacker's control. Once the swap is complete, the compromised phones can be utilized for fraudulent activities.