by: xpoolPosted on:

Crypto Exec Loses $6.3 Million in SIM-Swap Hack, Highlighting Crypto Security Risks

Bart Stephens, co-founder of Blockchain Capital, fell victim to a SIM-swap attack in May 2023, resulting in the theft of $6.3 million worth of cryptocurrency. This incident underscores the growing vulnerability of mobile security in the cryptocurrency industry and raises concerns about current protective measures.

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