The founders behind Manifold Trading and Rug Radio have confirmed they were recently targeted in SIM-swap attacks.
SIM-swap attacks have ramped up in the week leading to Christmas, with the founders of Manifold Trading, Rug Radio and other crypto influencers being hit with attacks in the last 48 hours — some of whom lost control of their accounts on X (formerly Twitter).
On Dec. 22, a SIM-swap hacker managed to take control of the official X account of Manifold Trading, along with its founding partner Jae Chung, posting a series of malicious links to crypto drainers.
Chung confirmed to Cointelegraph that the hack was due to a SIM-swap attack despite the account being protected by an email address and password. Chung said that only his and Manifold’s Twitter was compromised and assured anything “fund-sensitive” was safe. He added that steps were being taken to rescue the accounts and restore normal functionality.
