Crypto Investor Bart Stephens Loses $6.3 Million in SIM-Swap Attack

Bart Stephens, co-founder of Blockchain Capital, has become a victim of a significant crypto theft, losing an estimated $6.3 million due to a SIM-swap attack targeting his phone number. This attack highlights the persistent threat of SIM-swapping attacks within the cryptocurrency industry and underscores the need for enhanced security measures beyond traditional SMS-based two-factor authentication.