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Tag: FTX Hack

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SIM Swap Scam to Blame for $400M FTX Hack as Attackers Are Charged

Briefly, the Department of Justice has brought charges against three individuals in connection with a SIM-swapping heist that took more than $400 million from the FTX exchange in November 2022. The SIM trade assault included collecting individual information of around 50 casualties to catch validation codes and access monetary records. In 2022, the FBI documented…
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