One Fraudster Robs 4 Friendtech Users in SIM-Swap Attack, Moving $385k

• ZachXBT reveals $385,000 theft as a scammer defrauds four FriendTech users.
• The scam happened in the past 24 hours through SIM-swapping attacks.
• The stolen funds have been moved to exchange addresses.

In a recent post, ZachXBT, a renowned rug pull survivor who has since transitioned into a 2D detective, unveiled a startling scam revelation impacting users of the Social-Fi app Friendtech. ZachXBT disclosed that a single scammer defrauded four Friendtech users, amassing substantial profits of 234 Ethereum (ETH), equivalent to $385,000.

The crypto detective noted that the hack incident occurred within the last 24 hours. He added that the nefarious individual achieved the feat by executing a series of SIM-swapping attacks targeting the users of the growing FriendTech platform.

For context, SIM-swapping is a fraud in which the scammer tricks the victim’s mobile carrier into transferring the victim’s phone number to a new SIM card that the scammer controls. Once the scammer controls t…

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