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    Blockchain Capital co-founder loses $6.3 million in SIM swap hack

    By ApeSpaceAugust 22, 2023

    Blockchain Capital co-founder Bart Stephens has filed a lawsuit against as-yet-unknown individuals who he says stole $6.3 million in cryptocurrency from him. The attackers used a SIM swap attack to gain access to his crypto wallet, which they then drained of various tokens.

    The attackers also tried to steal around 80 BTC and 6,500 ETH (currently worth over $12.6 million) from a cold wallet belonging to Stephens, but were thwarted by an email alert sent to Blockchain Capital employee.


    • “Blockchain Capital founder allegedly loses crypto worth $6.3 million in SIM swap attack”
      , Blockworks

    This content was sourced from Web3IsGoingGreat

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