PANews reported on February 2 that according to Bloomberg, the U.S. Department of Justice (DOJ) said that FTX's theft of more than $400 million in assets on the day of Rekt was due to a SIM swap attack. According to the indictment filed in federal court in Washington, between March 2021 and April 2023, three suspects, Robert Powell, Carter Rohn and Emily Hernandez, collected the personal data of about 50 victims and used the information to persuade cell phone providers to transfer victims' phone numbers to their virtual phones, which in turn hacked into victims' financial accounts and crypto Wallets by intercepting text messages, including MFA codes. On November 11, 2022, Hernandez used a fake ID with FTX employee details to convince AT&T to transfer the mobile phone account to another SIM card. Powell then used multiple authentication codes to access FTX's crypto Wallet. The three have been charged with fraud and identity theft. According to previous news, FTX was attacked by Hacker on the night of the Rekt filing, and the Hacker stole more than $450 million in assets from FTX's hot wallet.

The three were indicted for orchestrating a SIM swap scam to steal more than $400 million from FTX, a Crypto Assets exchange that was in the midst of Rekt. According to an indictment filed by the Department of Justice in federal court in Washington, Robert Powell, Emily Hernandez, and Carter Rohn collected the personal data of about 50 victims and used that information to convince cell phone service providers to transfer victims' phone numbers to fake phones in their possession. Doing so allowed the trio to intercept text messages — including multi-factor authentication codes, which allowed them to break into victims' financial accounts and crypto Wallets. The indictment does not mention FTX, but two people familiar with the case confirmed that the "victim company-1" in the court documents was actually FTX. On or about November 11, 2022, Hernandez used a fake ID with FTX employee details to convince AT&T to transfer the mobile phone account to another SIM card. The gang's alleged mastermind, Powell — using the nicknames 'R$' and ElSwapo1 online — then used various authentication codes to access FTX's crypto Wallet.

Nova Labs, developer of Decentralization wireless communications network Helium, said it is partnering with international telecommunications company Telefonica to launch Helium hotspots in Mexico. This initiative will allow Telefonica users to seamlessly connect their Movistar SIM cards to the Helium mobile network, dropping infrastructure costs and expanding coverage.

On January 23, Jihoz, co-founder of Axie Infinity, posted that he should not interact with WolvesDAO founder Payton's Twitter, which has changed its SIM card, and the link posted by Twitter is a phishing link.

On January 23, Jihoz, co-founder of Axie Infinity, posted that he should not interact with WolvesDAO founder Payton's X (formerly Twitter), which has changed its SIM card, and the link posted by Twitter is a phishing link.

PANews reported on January 23 that, according to The Block, the United States SEC (SEC) said in a statement on Monday that its X account was stolen on January 9 because an unauthorized party gained control of the mobile phone number associated with the account through a "SIM swap" attack. After gaining control of the phone number, the unauthorized party reset the password for the SEC X account. Access to phone numbers is made through telecommunications carriers, not through the SEC's system. SEC staff did not find any evidence that unauthorized parties had access to the SEC's systems, data, devices, or other social media accounts. A SEC spokesperson said the SEC's MFA authentication (MFA) was shut down in July 2023 and was disabled until Account X was compromised, but MFA has now been re-enabled. The spokesperson also said SEC staff will continue to work with law enforcement agencies such as the SEC's Office of the Inspector General, the Federal Bureau of Investigation (FBI), the Commodity Futures Trading Commission (CFTC), and the U.S. Department of Justice.

The U.S. Securities and Exchange Commission (SEC) said the theft of its X account on January 9 was the result of a "SIM swap" attack on the agency's mobile phone line; the spokesperson said the agency's MFA was turned off in July 2023 and was disabled until the fake post was published, but MFA has now been re-enabled. An SEC spokesperson also said the agency's staff is continuing to work with the SEC's Office of the Inspector General, the FBI, the Commodity Futures Trading Commission, the Department of Justice and other law enforcement entities.

PANews reported on January 18 that Arkham officially posted that Arkham CEO Miguel Morel suffered a SIM swap attack, and his X platform (formerly Twitter) account was stolen. At the time of writing, the Hacker's scam post has been retracted and full access to his account is being restored.

Arkham said on social media that the company's CEO Miguel Morel's X account had been compromised. Don't click on any links posted by his account. The issue was reported to Twitter and escalated. We are working to restore access and resolve the issue as soon as possible. Miguel has replaced the SIM card, do not click on any link in any communication with Miguel and confirm its authenticity before participating. The SIM card replacement has been canceled and Miguel's scam post on Twitter has been removed. We are in the process of restoring full access to Miguel's account.

Gary Gensler issued a statement on the SEC's official website, claiming that an unauthorized person accessed the SEC's official Twitter account by gaining control of the phone number associated with the account. It could be a SIM swap attack, a common form of Twitter account hijacking that can be avoided with MFA. Gary Gensler said committee staff are still assessing the impact of the incident on institutions, investors and markets, including concerns about the security of the SEC's social media accounts. Gary Gensler also noted that the agency is working with law enforcement to investigate the matter further.

On January 14, the SEC issued a statement on the theft of the SEC's official Twitter. In a statement from SEC Chairman Gary Gensler, the agency claimed that an unauthorized person accessed the official SEC Twitter account by gaining control of the phone number associated with the account. It could be a SIM swap attack, a common form of Twitter account hijacking that can be avoided with MFA. In the statement, Gary Gensler said: Commission staff is still assessing the impact of this incident on institutions, investors and markets, including concerns about the security of the SEC's social media accounts. Gary Gensler also noted that the agency is working with law enforcement to investigate the matter further.

1. The current Ethereum L2 TVL reached $16.7 billion, an increase of 3.58% in 7 days; 2. Recently, SIM card swapping attacks have surged, and the X accounts of founders such as Manifold Trading and Rug Radio have been stolen one after another; 3. The un Close Position position of CME Bitcoin contracts exceeded 120,000 BTC, equivalent to about US$5.33 billion; 4. BakerySwap: The second phase of the Launchpad project will only support participation using BAKE and 1CAT; 5. OP broke through 2.7 USDT, up 19.57% in 24H; 6. Blast TVL exceeded $950 million; 7. TH short-term broke through 2,300 USDT and then fell, up 3.55% in 24H; 8. SILLY fell below 0.06 USDT, and the 24H gain narrowed to 45.7%; 9. Arthur Hayes: USDE will surpass USDT to become the largest USD Stable Coin; 10. Hong Kong Securities and Futures Commission: Ready to accept applications for virtual asset spot ETFs.

PANews reported on November 29 that, according to Cointelegraph, Ronghui Gu, co-founder of blockchain security company CertiK, said that as of November 28, hacking attacks in 2023 alone have caused $1.5 billion in losses in the crypto field. Ronghui Gu believes that these hacks and vulnerabilities have had a huge impact on cryptocurrency adoption and undermine public trust in the security and stability of digital assets, and that the ongoing security incidents caused by SIM-swap and multi-signature failures are "unforgivable" and that companies should accept crypto-native multi-factor authentication and conduct regular security audits.

Golden Finance reported that Conflux HK has officially opened in Hong Kong Cyberport and held an opening ceremony, announcing the official opening, the company will become an important starting point of Conflux's comprehensive internationalization strategy, providing services for global users and partners, and Conflux will open offices in Dubai, Europe and other regions in the future. It is reported that Conflux HK also introduced the blockchain SIM card "Blockchain SIM (BSIM card)" jointly developed with China Telecom at the opening ceremony, and Conflux HK will start to promote the BSIM card pilot work in Hong Kong in the future. （Thehubnews）