A crypto investor used a cold wallet purchased on TikTok, and assets worth 50 million yuan were stolen overnight

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On June 14, according to Slow Fog CISO 23pds, Slow Fog received an urgent help request last night, where cryptocurrency worth 50 million yuan in an investor's cold wallet was completely looted. It is reported that the investor purchased the "cold wallet" through the Douyin channel, and the private key was stolen at the moment of generation. The massive assets were washed away through Huiwang within a few hours.

23pds warned that investors must purchase cold wallets through official channels. 99% of cold wallets on the internet claiming to be "brand new and unopened" or "special price flash sale" are likely fake and may have been tampered with.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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