When your crypto is stolen, a rapid and organized response is crucial to trace the funds and rebuild your digital security.
Hackers can drain your crypto exchange account by gaining unauthorized access to your password or login credentials. This often happens through phishing links or malware that secretly steals your login credentials.
Attackers may also exploit weak passwords, reused credentials from data breaches or SIM swaps to bypass two-factor authentication (2FA). Once they gain access, they transfer funds to anonymous wallets, often routing them through mixers or decentralized exchanges to hide their tracks.
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Source: https://cointelegraph.com/explained/someone-drained-your-exchange-account-here-s-your-emergency-playbook?utm_source=rss_feed&utm_medium=feed%3F_%3D1762491231188%26noCache%3Dtrue%26_rnd%3Dtqptbc&utm_campaign=rss_partner_inbound
