🔔
🎄
🎁
🦌
🛷
NEW
Potential Risks of SIM Swapping in Cryptocurrency Launches | Flash News Detail | Blockchain.News

Potential Risks of SIM Swapping in Cryptocurrency Launches

12/14/2024 4:17:21 PM

Potential Risks of SIM Swapping in Cryptocurrency Launches

According to ZachXBT, there is a potential risk where a threat actor could perform a SIM swap on a public figure and use their phone number to launch a cryptocurrency. This scenario poses significant security concerns for both the public figure and potential investors, as it could lead to unauthorized and fraudulent coin launches. (Source)

cryptocurrency SIM swap public figure

More from ZachXBT (@zachxbt): ZachXBT is an Pseudonymous independent on-chain sleuth who is popular on revealing bad actors and scams in the crypto space