SIM-Swap

DeFi

A SIM-swap is a scam where someone tricks your phone carrier into transferring your phone number to their SIM card, allowing them to access your accounts that use two-factor authentication, like cryptocurrency wallets.

Definition
A SIM-swap is a scam where someone tricks your phone carrier into transferring your phone number to their SIM card, allowing them to access your accounts that use two-factor authentication, like cryptocurrency wallets.

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