A single scammer pilfered $385K in Ethereum by SIM-swapping four FriendTech users within 24 hours.
FriendTech’s surge in popularity has made its users a prime target for such cyber-attacks.
In a shocking revelation, FriendTech, the rapidly growing crypto-social platform, finds itself entangled in a security breach – not at the platform’s level but at its users’. A tweet from ZachXBT @zachxbt highlighted,
The same scammer profited $385K (234 ETH) in the past 24 hours off SIM swapping four different FriendTech users. pic.twitter.com/03BoBEqGax
— ZachXBT (@zachxbt) October 4, 2023
FriendTech has not been compromised directly; instead, its users have become victims of the notorious SIM-swap method. This technique allows criminals to commandeer a user’s phone number, enabling them to bypass security measures and infiltrate online accounts. Several prominent members on the platform reported losing significant amounts of Ethereum to these attacks.
FriendTech’s Popularity: A Dou
