Friend.tech’s SIM swap scourge continues as scammer pockets $385K in ether Cryptocurrency scrgruppen

One scammer has reportedly managed to steal around $385,000 worth of Ethereum (ETH) in less than 24 hours, amid a scourge of SIM swap hacks apparently targeting friends.tech users.

On October 5th, blockchain investigator ZachXBT reported that the same scammer had stolen 234 ETH over the past 24 hours by SIM swapping four different friends.tech users.

All movement of crypto assets across the chain goes back to the same hacker who drained the accounts of the four victims.

The same scammer made $385,000 (234 ETH) in the last 24 hours by swapping the SIM cards of four different FriendTech users. pic.twitter.com/03BoBEqGax

– ZackXPT (@ZackXPT) October 4, 2023

One of the reported victims of the latest series of SIM swap attacks to publish To X (Twitter) following the attack:

“The sim card was swapped. Apparently, the guy was able to do it from the Apple store and switch it to an iPhone SE. Don’t buy my keys, this wallet is at risk.”

User mentioned An attack targeting them was happening in real time, with them posting on X that they were “getting the damn sim card swapped watching it happen” and asking for help. Meanwhile, another X user “holycryptoroni” confirmed that they had been subjected to a similar attack, Lamentations “I’ve been exchanged sorry.”

Earlier this week, four Friend.tech users claimed that their accounts were drained as a result of a SIM swap or phishing attack, with a total of about 109 ETH stolen.

The SIM card was just swapped and 22 ETH was stolen @friendtech

The 34 keys I had were sold, annoying anyone who held my key, all the other keys I owned were sold, and the rest of the ETH in my wallet was drained.

If your Twitter account is linked to your real account… pic.twitter.com/5wA86mjYEG

— Darren (friend, friend) (@darengb) October 3, 2023

Friend.tech allows users to purchase individual “keys” that give them access to private chat rooms.

A SIM swap scam occurs when scammers gain access to a victim’s phone number and use it to gain authentication that enables them to access their social media accounts and cryptocurrencies.

Multi-commerce, stable ecosystem building tools, estimated That $20 million of friends.tech’s total locked value of $50 million may be at risk. The platform called for enhancing its account security measures by enabling two-factor authentication (2FA).

Related: How easy is a SIM swap attack? Here’s how to prevent one

There have also been calls for

The founder and CEO of wallet security company Delegate “0xfoobar” advised removing phone numbers from social media accounts.

Crypto Twitter is like a neighborhood where someone leaves their front door open once a day, gets robbed, and everyone comes together to mourn the loss, leaving their front doors open. Instead of retweeting the 75th tweet of the week, remove your phone from everything

– Foobar (@0xfoobar) October 5, 2023

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