flash on Nostr: ⚡️⚖️ NEW - SIM Swapping and social engineering attacks deserved tougher ...
⚡️⚖️ NEW - SIM Swapping and social engineering attacks deserved tougher penalties, says Onchain investigator ZachXBT.
Canadian and European laws are too lenient, allowing many offenders, often minors, to escape consequences and remain anonymous.
In particular, he cites the case of 17-year-old Canadian Cameron Redman, who helped SIM swap steal $37 million in 2020, but whose identity was only revealed when he was involved in phishing and X account hacking attempts.
➤ What is SIM Swapping? An attack where a hacker usurps your identity to transfer your phone number to his own SIM card.
➤ Result: he receives your 2FA SMS messages and can access your crypto accounts, bank, emails...
🛑 If you're still using SMS like 2FA, you're vulnerable.
✅ Use Authy, Google Authenticator or Yubikey instead.
Published at
2025-06-01 14:00:58Event JSON
{
"id": "80e176cd3de8cb87ae8b8f56199636f80dbb7779f4ef7579a438c0d70d6df487",
"pubkey": "4d7842051782e0d3feb034d150adc2b6bae4ee3b49786793bffa468b6f5b96b3",
"created_at": 1748786458,
"kind": 1,
"tags": [],
"content": "⚡️⚖️ NEW - SIM Swapping and social engineering attacks deserved tougher penalties, says Onchain investigator ZachXBT.\n\nCanadian and European laws are too lenient, allowing many offenders, often minors, to escape consequences and remain anonymous. \n\nIn particular, he cites the case of 17-year-old Canadian Cameron Redman, who helped SIM swap steal $37 million in 2020, but whose identity was only revealed when he was involved in phishing and X account hacking attempts.\n\n➤ What is SIM Swapping? An attack where a hacker usurps your identity to transfer your phone number to his own SIM card.\n\n➤ Result: he receives your 2FA SMS messages and can access your crypto accounts, bank, emails...\n\n🛑 If you're still using SMS like 2FA, you're vulnerable.\n✅ Use Authy, Google Authenticator or Yubikey instead.\nhttps://blossom.primal.net/b87b609d408e9abe743b72d842176c08523a25d7f825b4561109f26f076eed4b.jpg",
"sig": "915cc47bbe5a6d5a25dd0bd8a0bfb31b2745d0fc27f55c69534ead3965555ebda3171e7b4ccc7da5b4a2b790defbf17e8e2def223d1aaee97f7cc28167cb70d9"
}
