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What are the signs that my cryptocurrency account may have been compromised by a sim swap attack?

avatarM-x C-gDec 25, 2021 · 3 years ago3 answers

What are some indicators that my cryptocurrency account might have been compromised due to a sim swap attack?

What are the signs that my cryptocurrency account may have been compromised by a sim swap attack?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    If you notice that your phone suddenly loses signal or displays 'No Service' for an extended period of time, it could be a sign that your SIM card has been swapped. This could potentially lead to unauthorized access to your cryptocurrency account if not addressed promptly. It's important to contact your mobile service provider immediately to investigate the issue and secure your account.
  • avatarDec 25, 2021 · 3 years ago
    Another sign of a sim swap attack on your cryptocurrency account is if you receive unexpected text messages or emails from your mobile service provider regarding changes to your account or SIM card. These messages may include instructions to confirm or authorize the changes. If you didn't initiate any such changes, it's crucial to treat them as suspicious and take immediate action to protect your account.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, advises users to regularly monitor their account activities for any unusual or unauthorized transactions. If you notice any unexpected transfers, withdrawals, or changes to your account settings, it could be an indication that your account has been compromised. In such cases, it's recommended to contact your exchange platform's support team immediately and follow their instructions to secure your funds.