Examples of people getting hacked, sim swapped, and then being unable to do absolutely anything about it
Case Studies
- https://www.nbcbayarea.com/news/local/mans-1m-life-savings-stolen-in-cell-phone-scam/192416/
- https://u.today/redditor-who-lost-life-savings-in-dogecoin-proposes-to-girlfriend-with-nft-things-went-terribly
- https://www.oneesports.gg/valorant/wardell-loses-life-savings-crypto-hack/
- https://sg.finance.yahoo.com/news/lost-life-savings-terra-luna-160848125.html
- https://www.artnews.com/art-news/news/beeple-twitter-hack-1234629714/
- https://www.mirror.co.uk/sport/boxing/logan-paul-ksi-cryptocurrency-luna-26998493
Case is that once you reach a certain level of success, you learn to keep most of your blockchain assets on a certified hardware and firmware such as a Ledger wallet. If you are a trader you set up your own secure trading infrastructure.
