CryptoMediaClub
Tuesday, October 28, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Friend.tech users blame SIM swaps after more than 100 ETH drained in a week

04.10.2023
A A
0
123
VIEWS
ShareShare

Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks resulting in nearly 109 Ether (ETH) worth around $178,000 being drained from four users in under a week.

On Sept. 30, the X (formerly Twitter) user known as “froggie.eth” warned their Friend.tech account was SIM-swapped — where exploiters gain control of a user’s mobile number to intercept two-factor authentication codes, then used to access accounts — and subsequently drained of over 20 ETH.

Days later, on Oct. 3, a string of Friend.tech users reported similar incidents, with musician Daren Broxmeyer saying he was SIM-swapped and drained of 22 ETH.

His phone was earlier “spammed with phone calls,” which he believed was to force him to miss a text from his service provider warning him that someone was trying to access his account.

I was just SIM swapped and robbed of 22 ETH via @friendtech
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

— daren (friend, friend) (@darengb) October 3, 2023

The same day another user, “dipper,” also said their account was compromised, adding they have “no idea” how exploiters could hack their account, as they use strong passwords.

The fourth user, “digging4doge,” was drained of around 60 ETH after falling for a phishing scam that tricked them into sharing a login code.

Friendtech user @digging4doge just got drained to the tune of ~60 eth worth of keys.
About an hour ago, he received a text informing him that a number change had been requested for his account.
He had two hours to respond or the request would be auto approved. This was, of… pic.twitter.com/L21Hr041kP

— quit (,) (@0xQuit) October 4, 2023

Crypto investment firm Manifold Trading explained that any hacker gaining access to a Friend.tech account is then able to “rug the whole account.”

Assuming that a third of Friend.tech accounts are connected to phone numbers, around $20 million is at risk of being exploited through Friend.tech user-focused exploits, they said.

Related: Friend.tech look-alike ‘Alpha’ emerges on Bitcoin network

Manifold also suggested that, technically, all of Friend.tech is at risk due to how the platform’s security is set up, and solving the issues “should honestly be the number 1 priority.”

If any hacker gains access to a FriendTech account via simswap/email hack, they can rug the whole account
If you assume 1/3 of FriendTech accounts are connected to phone numbers, that's $20M at risk from sim-swaps
FriendTech's current setup also technically allows a rogue dev… https://t.co/XgodMNSh2l

— Manifold (@ManifoldTrading) October 2, 2023

Manifold suggested Friend.tech allow users to add 2FA to logins, key decryptions and transactions.

Users should also be given the option to change the login method from a number to email and allow for third-party wallets to be used.

High-profile crypto figures have previously been successfully SIM-swapped, with their accounts used to carry out phishing attacks, such as Ethereum co-founder Vitalik Buterin’s X account in September.

Cointelegraph contacted Friend.tech for comment but did not immediately receive a response.

Magazine: Blockchain detectives — Mt. Gox collapse saw birth of Chainalysis

Share9Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post
What is the CryptoNight mining algorithm, and how does it work?

What is the CryptoNight mining algorithm, and how does it work?

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Major BTC Investor Transfers $330M BTC to Bitfinex

Major BTC Investor Transfers $330M BTC to Bitfinex

3 years ago
Ethereum Price Prediction: ETH Leads the Charge Above $3,000 – Has Crypto Summer Season Officially Begun?

Ethereum Price Prediction: ETH Leads the Charge Above $3,000 – Has Crypto Summer Season Officially Begun?

4 months ago
Crypto lending invalidated by Chinese court in second landmark ruling

Crypto lending invalidated by Chinese court in second landmark ruling

2 years ago
Crypto Funds Report Capital Influx in 2024

Crypto Funds Report Capital Influx in 2024

10 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

US Representative Pushes Crypto Ban for Politicians After Trump Pardons Binance’s CZ

[LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K

China’s DeepSeek AI Predicts the Price of SOL, XRP, BNB by the End of October 2025

Bullish Crypto to Buy Today, October 27 – Pi, XRP, Virtuals

Former SBF Jailmate Sean ‘Diddy’ Combs Release Date Unveiled

ChatGPT’s XRP Analysis: XRP ETF Breaks $100M and Garlinghouse Eyes Trump Crypto Board

Trending

Why is Bitcoin price pumping? Catch up on what’s moving crypto
Analysis

Why is Bitcoin price pumping? Catch up on what’s moving crypto

28.10.2025
0

Bitcoin (BTC) briefly breached $116,000 for the first time in two weeks as traders positioned for a...

Bitget Wallet Integrates HyperEVM – Could This Be the Next Big Bridge in DeFi?

Bitget Wallet Integrates HyperEVM – Could This Be the Next Big Bridge in DeFi?

28.10.2025
Why is Tether So Profitable, and Will It Last?

Why is Tether So Profitable, and Will It Last?

28.10.2025
US Representative Pushes Crypto Ban for Politicians After Trump Pardons Binance’s CZ

US Representative Pushes Crypto Ban for Politicians After Trump Pardons Binance’s CZ

28.10.2025
[LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K

[LIVE] Crypto News Today: Latest Updates for Oct. 28, 2025 – Layer 2 Sector Tanks 4.4%, ETH Slips to $4K, BTC Below $114K

28.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz