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Student conspires with phone company employee to steal crypto wallets. Please keep in mind even with 2FA your software wallet is not as safe as you may think.

[https://www.marketwatch.com/story/university-of-california-student-allegedly-tapped-into-peoples-cell-phones-to-steal-their-cryptocurrency-11631580167?siteid=yhoof2](https://www.marketwatch.com/story/university-of-california-student-allegedly-tapped-into-peoples-cell-phones-to-steal-their-cryptocurrency-11631580167?siteid=yhoof2)



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3 Comments

  1. Why do exchanges and banks and other companies that hold funds on their customers behalf even offer 2FA over SMS? These SIM swap hacks are so basic even without an insider doing the hacking. They are giving a false sense of security.

  2. “Li’s lawyer, Bruce Ashley, said his client was a “bright and very earnest young man,” who had good academic records”

    Man, why do lawyers always say pond scum stuff like this?

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To hike to $5 by Monday