Fake Cold Wallet Bought on Chinese TikTok Costs User $6.9M in Crypto
8 Articles
8 Articles
Blockchain security company SlowMist has reported a user who lost $6.5 million in cryptocurrency after purchasing a cold wallet at a discount that turned out to be hacked.
User loses $6.5m in crypto after buying tampered cold wallet via TikTok China
A user lost $6.5 million in crypto after unknowingly purchasing a compromised cold wallet through TikTok China. In a recent post on X, blockchain security firm SlowMist reported that a user lost $6.5 million worth of crypto after purchasing a…
Crypto user loses $6.9M to a cold wallet from China’s TikTok - WorldNL Magazine
A crypto user has reportedly lost nearly $7 million in crypto after buying a discounted cold wallet through the Chinese version of TikTok, Douyin, which turned out to be compromised. Blockchain security firm SlowMist said in a X post on Saturday that the “private key was compromised at creation” and the user’s funds were “drained within hours” from the compromised cold wallet. Nabbing a bargain cold wallet might seem like a good way to save mone…
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