Florida man meets crypto: what could go wrong?
If he had asked me, I would have advised him to avoid speculation. But if you can’t avoid it: Diversify.
I feel bad for the guy but crypto is patently a scam. Some sincere honest person always ends up losing everything and that’s how it’s supposed to work.
Keep in mind - these are the same telecom companies that ALLOW base stations to be the identifier for caller ID. It is how scammers/spammers/robocallers can spoof literally ANY phone number when they call you (including your own number!)
Back in the days before cell phones became so ubiquitous - they were assigned their callerID number/identification by the carrier’s own network. As mobile devices became prevalent, these carriers transferred that identity assignment to the devices themselves (that’s a major part of your SIM’s duties). But nefarious types easily spoof those identifiers - without even having a SIM card. They have computer software that simply generates a phone number to use as its identifier - and the carriers don’t have any significant safeguard to validate that info.
The “SIM swap” scam is just the logical (and very lucrative) extension of that same set of mechanisms.
Imagine if your bank allowed any caller to identify as you... by coming up with their own security questions and answers... instead of using the pre-determined security measures you agreed to. That is what ATT, Verizon, Tmoble, and every other carrier has allowed to develop.
That’s why I don’t bank or pay with CC on my cell.
Nothing’s safe. I put bill pays inside PO slot or take to the counter.
(I’ve had to rewrite a couple checks to pay bills because they never got to their destination.) They weren’t cashed at the bank. Just gone. Someone may have the check for info or the (flimsy envelopes may have slid under something. Don’t put checks in my mailbox, either. Can’t win! Just hope they get there.
Fraudsters like that need to be hanged, drawn and quartered.
Great ! The FBI is investigating . If you are a libturd , you get your money back. If you are conservative , they keep it .
Between the two transactions they've saved me over $25,000 so I'll keep on using them.
I don't mess with crypto, never.