😰Is this SIM card too easy to be attacked? The previous false news released by the SEC was also caused by SIM card attacks!
100X community news:
Bloomberg: U.S. Department of Justice says FTX lost $400 million in SIM swapping attack
On February 2, Bloomberg reported that Robert Powell, Emily Hernandez, and Carter Rohn were indicted for masterminding a SIM-swap attack scam that stole more than $400 million from FTX when it fell into bankruptcy.
According to an indictment filed by the Justice Department in federal court in Washington, Robert Powell, Emily Hernandez, and Carter Rohn collected the personal data of approximately 50 victims and used that information to convince cell phone service providers to transfer the victims' phone numbers to them. Holding on fake mobile phone.
Doing so allowed the trio to intercept text messages - including multi-factor authentication codes - which allowed them to gain access to victims' financial accounts and crypto wallets. The indictment does not mention FTX, but two people familiar with the case confirmed that "Victim Company-1" in the court documents is actually FTX.
