According to SlowMist, despite the two similar phishing incidents, OKX’s two-factor authentication mechanism was not the main vulnerability point.
OKX cryptocurrency exchange and security partner SlowMist are investigating a multi-million dollar exploit that resulted in two stolen user accounts.
The investigation pertains to the theft of two OKX exchange accounts on June 9 through an SMS attack, also known as a SIM swap. This information was reported by Yu Xian, the founder of SlowMist, in a post on X.
While the amount stolen through the attack is unclear, Xian wrote that “millions of dollars of assets were stolen.”
