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Fraudsters Use Robocall Bots to Steal Crypto Investors’ 2FA Codes
Crypto investors in the US are being targeted with bot-driven robocalls designed to steal two-factor authentication codes, netting the attackers hundreds of thousands of dollars in digital currency.
Fraudsters are selling bots designed to trick crypto investors into divulging their two-factor authentication (2FA) codes, leading to accounts being taken over and drained, according to a CNBC report.
The report tells the story of Dr. Anders Apgar, a Coinbase customer whose digital wallet held more than $100,000 in crypto before he was duped into divulging his 2FA code during a robocall.

Source: CNBC

Date: February 28th, 2022

Link: https://www.cnbc.com/2022/02/15/crypto-fraudsters-use-robocalls-to-drain-accounts.html

Discussion

  1. Is this issue here really the robocall, or the fact that someone gave out their secret 2FA code over the phone?
  2. Why did the robocalls make a difference here?

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