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Hackers target OKX customers in suspected SIM swap attack

Hackers have allegedly targeted OKX, stealing funds from at least two accounts in a sophisticated attack involving SMS risk notifications and the creation of new API keys. Crypto exchange OKX has reportedly been targeted by hackers, with at least two users reporting their funds were drained after receiving SMS risk notifications from Hong Kong. According to SlowMist founder Yu Xian, an unidentified entity created new API keys with withdrawal and trading permissions, allowing them to swap and drain the coins from the platform. SIM swapping, a form of phone hijacking, has long been a significant threat to crypto investors.


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