TLDR
Attacker bribes / social engineers a T Mobile / AT&T / Verizon rep (or uses insider) to port the victim's number to attacker's SIM, then resets bank, exchange (Coinbase, Kraken) and email passwords using SMS 2FA. FBI IC3: SIM swap caused...
How it works
Attacker bribes / social engineers a T Mobile / AT&T / Verizon rep (or uses insider) to port the victim's number to attacker's SIM, then resets bank, exchange (Coinbase, Kraken) and email passwords using SMS 2FA. FBI IC3: SIM swap caused...
Red flags
- Urgent pressure to click, pay, or share codes immediately.
- A link or sender that does not match the official organization.
- Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What to do
- 1Do not click, pay, install apps, or share verification codes.
- 2Verify through the official website, app, or phone number typed manually.
- 3If you already interacted, block cards or accounts and report the incident.
Source
FAQ
Is SIM swap — telco port out for account takeover a real scam pattern?
Yes. Treat the message, call, or payment request as suspicious until you verify it through an official channel.
What are the first warning signs?
Urgent pressure to click, pay, or share codes immediately.; A link or sender that does not match the official organization.; Requests for card data, passwords, OTPs, wallet signatures, or bank transfers.
What should I do first?
Do not click, pay, install apps, or share verification codes.; Verify through the official website, app, or phone number typed manually.; If you already interacted, block cards or accounts and report the incident.
Can LegalAudit check my case?
Yes. Start a free chat and paste the message, link, sender, or payment details for triage.