Losing funds is not uncommon in the cryptocurrency space. This is primarily due to the ongoing rise in SIM swapping attacks. Several users have fallen victim to a SIM swap in recent years. BCH SIM Swap Story Seems Questionable It has proven to be a very effective method for criminals to exploit. One user claims to have lost over $45 million in holdings not that long ago. Of this funds, two-thirds was kept in Bitcoin Cash, whereas the remainder is in Bitcoin. Keeping such vast amounts on an exchange is asking for trouble. Criminals can monitor public blockchains with ease,
The post The $45 Million SIM Swap Story Involving BCH and BTC Remains Questionable appeared first on The Merkle Hash.
Powered by WPeMatico
