Hackers who took control of Ethereum founder Vitalik Buterin’s X account have stolen more than $691,000. The cyber criminals used Buterin’s X account to post a malicious phishing link to access to people’s wallets.
According to blockchain analyst ZachXBT, $691,000 had been drained from people’s wallets, with 73% of that value being in the form of non-fungible tokens (NFTs).
The tweet containing the malicious link has since been deleted.
It is unclear whether Buterin was the victim of a “SIM swap” attack. SIM swapping involves taking control of someone’s phone number in order to overcome some two-factor security measures on websites like crypto exchanges or social media sites.