$10.18B
, disclosed that her WeChat account was compromised after the linked mobile number was taken.
She stated in a post on X that the original phone number could not be recovered because the account had been inactive for a long period of time.
After gaining access to the account, attackers advertised a fake token called Mubarakah. According to the blockchain analysis platform Lookonchain, the individuals behind this tactic profited about $55,000 through a pump-and-dump scheme.
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On November 30, the WeChat account belonging to Tron
Yu Xuan, founder of SlowMist, shared insights after investigating these schemes. Even if attackers have exchanged only a few messages with so-called “frequent contacts”, they can seize control if those contacts are available.
He also explained that in China, unused mobile phone numbers are commonly reissued around 3 months after deactivation. This practice presents opportunities for fraudsters to exploit SIM card relinking, manipulate recovery processes, and carry out social engineering attacks.
Changpeng Zhao, Binance co-founder, commented that he has not accessed his WeChat account for several years and does not use it to promote tokens.
Recently, a San Jose widow lost nearly $1 million after trusting a man she met online who lured her into a fake crypto investment. How did the case unfold? Read the full story.
