simswap

😳💥He was just 15 years old.

Stole $24 million in crypto.

Spent it all on escorts, luxury clubs, and Rolex watches.

Then the FBI showed up at his door.

One of the wildest SIM swap scams you've never heard of 🧵

#CryptoScam #SIMSwap #FBIBust #TeenHacker

Defense Pushes for Lighter Sentence in SEC X Account Hack & Bitcoin ETF Hoax Case ⚖️📉

Eric Council Jr., the hacker behind the fake Bitcoin ETF approval post on the SEC’s official X account, is back in court — and his lawyers want just 1 year behind bars instead of the 2 years prosecutors are pushing for.

> “A sentence of 12 months and 1 day serves justice,” Council’s legal team argued in the May 13 filing.

The backstory:
Council pleaded guilty in February after a SIM swap attack gave him access to the SEC’s X account. He and his group used the platform to falsely announce the approval of spot Bitcoin ETFs — causing temporary chaos in the crypto markets.

Why it matters:

The fake post caused a brief market spike before being debunked

Council reportedly made $50,000 through similar frauds

He now faces sentencing on May 16

Prosecutors label it a "sophisticated fraud scheme"

The case is also attracting political attention — Donald Trump just appointed Judge Jeanine Pirro (yes, that Jeanine) as interim U.S. attorney for D.C. on May 8. This move could reshape how future crypto-related crimes are prosecuted.

Crypto Takeaway
The incident shows how social engineering attacks can impact the crypto space — and how security and regulation remain hot zones as Web3 matures.

Stay alert, stay secure.

#BitcoinETF #CryptoCrime #SEC #SIMSwap #Cybersecurity

- **Twitter Account Recovery**: Metis, a blockchain project, successfully regained control of its official Twitter account after it had been compromised due to a Sim Swap attack. The attack allowed the malicious actor to take control of the account for a duration of about 30 hours.

- **Security Measures Implemented**: Following the incident, Metis took prompt action to enhance the security of its Twitter account. The team implemented appropriate security measures to prevent similar attacks in the future and safeguard their online presence.

- **Sim Swap Attack Details**: The attack was facilitated through a Sim Swap, a method where attackers manipulate cellular carriers to transfer a victim's phone number to a device under their control. This can grant them access to various online accounts linked to that phone number.

- **Ongoing Investigation and Cooperation**: Metis is actively investigating the incident and working closely with relevant authorities to gather more information about the attack. This proactive approach reflects the project's commitment to addressing security breaches promptly and responsibly.

- **User Support**: Metis provided a channel for affected users to seek assistance and communicate with the project's officials regarding the incident. Users can reach out through Discord to address any concerns or inquiries related to the security breach.

#Metis #blockchain #simswap #ScamAlert #HackAlert

$ETH $BNB $BTC

🚨 SIM Swap Threat in South Korea – What You Need to Know 🚨

On April 19, SK Telecom suffered a malware breach that compromised SIM card data — raising serious concerns over potential SIM swap attacks.

In response, Bithumb has ramped up monitoring efforts for USIM forgery and tampering to safeguard users.

🔐 What You Should Know:
• Compromised SIM data can be exploited to gain access to sensitive accounts, including crypto wallets.
• Real-time security and proactive defense are essential to preventing serious losses.

Stay Protected:
• Enable 2FA on all important accounts.
• Watch for unusual SIM-related alerts or unexpected service changes.
• Regularly audit your account activity and update security settings.

Your digital security matters. Stay alert and stay safe.

Have tips or tools to fight SIM swaps? Drop them below.
#ScamAlert
#SIMSwap
#CryptoSecurity
#Bithumb