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Friend.tech users blame SIM swaps after more than 100 ETH drained in a week

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In a short period of time, four friend.tech users reported their accounts were compromised and drained after hackers seized control of their mobile numbers.

Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks resulting in nearly 109 Ether (ETH) worth around $178,000 being drained from four users in under a week.

On Sept. 30, the X (formerly Twitter) user known as “froggie.eth” warned their Friend.tech account was SIM-swapped — where exploiters gain control of a user’s mobile number to intercept two-factor authentication codes, then used to access accounts — and subsequently drained of over 20 ETH.

Days later, on Oct. 3, a string of Friend.tech users reported similar incidents, with musician Daren Broxmeyer saying he was SIM-swapped and drained of 22 ETH.

His phone was earlier “spammed with phone calls,” which he believed was to force him to miss a text from his service provider warning him that someone was trying to access his account.

I was just SIM swapped and robbed of 22 ETH via @friendtech

The 34 of my own keys that I owned were sold, rugging anyone who held my key, all the other keys I owned were sold, and the rest of the ETH in my wallet was drained.

If your Twitter account is doxxed to your real… pic.twitter.com/5wA86mjYEG

— daren (friend, friend) (@darengb) October 3, 2023

The same day another user, “dipper,” also said their account was compromised, adding they have “no idea” how exploiters could hack their account, as they use strong passwords.

The fourth user, “digging4doge,” was drained of around 60 ETH after falling for a phishing scam that tricked them into sharing a login code.

Friendtech user @digging4doge just got drained to the tune of ~60 eth worth of keys.

About an hour ago, he received a text informing him that a number change had been requested for his account.

He had two hours to respond or the request would be auto approved. This was, of… pic.twitter.com/L21Hr041kP

— quit (,) (@0xQuit) October 4, 2023

Crypto investment firm Manifold Trading explained that any hacker gaining access to a Friend.tech account is then able to “rug the whole account.”

Assuming that a third of Friend.tech accounts are connected to phone numbers, around $20 million is at risk of being exploited through Friend.tech user-focused exploits, they said.

Related: Friend.tech look-alike ‘Alpha’ emerges on Bitcoin network

Manifold also suggested that, technically, all of Friend.tech is at risk due to how the platform’s security is set up, and solving the issues “should honestly be the number 1 priority.”

If any hacker gains access to a FriendTech account via simswap/email hack, they can rug the whole account

If you assume 1/3 of FriendTech accounts are connected to phone numbers, that's $20M at risk from sim-swaps

FriendTech's current setup also technically allows a rogue dev… https://t.co/XgodMNSh2l

— Manifold (@ManifoldTrading) October 2, 2023

Manifold suggested Friend.tech allow users to add 2FA to logins, key decryptions and transactions.

Users should also be given the option to change the login method from a number to email and allow for third-party wallets to be used.

High-profile crypto figures have previously been successfully SIM-swapped, with their accounts used to carry out phishing attacks, such as Ethereum co-founder Vitalik Buterin’s X account in September.

Cointelegraph contacted Friend.tech for comment but did not immediately receive a response.

Magazine: Blockchain detectives — Mt. Gox collapse saw birth of Chainalysis

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  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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