Users Lose $385,000 in Ethereum to SIM Swap Attacks Users Lose $385,000 in Ethereum to SIM Swap Attacks

By: Eva Baxter

Friend.Tech platform users have experienced significant theft due to a wave of SIM Swap attacks. Four different accounts were stripped of a total sum of $385,000 in Ethereum. These series of cyber attacks was brought to light by a reputed crypto sleuth. Earlier reports suggest that such attacks on Friend.Tech platform users have seen a significant increase recently. Users are advised to further secure their accounts against such digital exploits. Help and resources for improving security can be found at reputed cryptocurrency platforms like Security of crypto holdings continues to be of paramount importance as cyber crime in the sector sees an upward trend.

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