SIM Swapping Targets Friend.Tech User, Leading to Loss of 22 ETH
In Brief
A prominent Friend.Tech user, darengb on Twitter, lost 22 Ethereum (ETH) due to a SIM swapping attack.
He detailed the event on Twitter, highlighting the attack’s progression and alerting others to the dangers.
A recent SIM swapping incident targeted a prominent Friend.Tech user, resulting in the loss of 22 Ethereum (ETH). The victim, identified as @darengb on Twitter, shared his traumatic experience, providing insights into how the cyber attack unfolded and warning others of the potential risks.
Daren began receiving a barrage of phone calls, seemingly aimed at distracting him from realizing that his account was under threat. Consequently, he missed a critical text from his service provider, Verizon, informing him of suspicious activity. By the time Daren noticed the alarming changes within his Friend.Tech account, it was too late.
The attackers had emptied Daren’s chat on Friend.Tech and offloaded 34 of his keys. Those holding Daren’s key, a feature of Friend.Tech’s system, were impacted as a result. Understandably upset, Daren voiced his distress over the incident and its implications, highlighting that it might cast suspicions on him for the unintended “rug pull” effect on his key holders. He reached out to those affected, expressing his remorse and seeking understanding.
I was just SIM swapped and robbed of 22 ETH via @friendtech
— daren (friend, friend) (@darengb) October 3, 2023
The 34 of my own keys that I owned were sold, rugging 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 doxxed to your real… pic.twitter.com/5wA86mjYEG
Friend.Tech in Spotlight
The incident serves as a stark reminder of the vulnerabilities associated with linking personal details, such as a phone number, to online platforms. Daren’s advice to those whose personal information might be publicly accessible is to remain vigilant, especially if they experience a sudden influx of distracting phone calls.
The unfortunate event comes in the wake of some positive traction for Friend.Tech.
According to a previous report, the platform celebrated substantial growth with revenue touching 10,644.8 ETH and a total value locked (TVL) peaking at 30,165 ETH. These figures highlight the platform’s growing popularity and the trust its users have placed in it.
As the crypto industry continues to mature, the threats also evolve. Participants must remain alert to potential risks and adopt best practices to ensure their digital assets’ security.
Disclaimer
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About The Author
Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.
More articlesNik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.
