The cold wallet taken from Tiktok stole 6.9 million dollars: security alarm in crypto
A crypto investor lost $ 6.9 million with a fake cold wallet he received from China's Tiktok from Dogus. Slowmist announced that the special key of the event was seized from the beginning. The funds were transferred to the Huiwang network connected to the dark network.
The fake hardware wallet purchased from China’s platform on the platform of China stole all crypto assets within minutes.
A crypto investor lost $ 6.9 million because of a “discounted çok cold wallet sold in Tiktok’s Chinese version of Doguyin. It turned out that the wallet contained a special key seized during production. The funds were emptied within hours.
Blokzincir Security company Slowmist shared the details of the incident on the X (formerly Twitter) platform. Sharing, the wallet was seized before reaching the hand of the user and all the funds were transferred to other addresses in a short time said.
⚠️ “factory sealed” trap
According to Slowmist, most of the hardware wallets sold on the Internet as “factory -sealed” or “discounted” consist of previously tampered and manipulated devices. These products, which are sold at low prices on the Internet, attract investors to the trap by including security vulnerabilities.
🕵️♂️ Funds are mixed with the dark network
The person who announced the incident was “Hella”, Bitmain founder Jihan Wu is one of the former teammates, he said. According to Hella’s claim, the victim was a close friend and the shock he had with a phone coming at night was still fresh:
“This wallet was a carefully prepared trap. The stolen crypto assets were ‘washed’ and lost their traces over the Huiwang network in just a few hours.”
🏴☠️ Huiwang: Dark Operation Network
Huiwang or Huione Group is known as a building that carries out illegal operations based in Cambodia. The group has the following platforms:
💳 Huione Pay PLC: Suspect Payment Network
💱 Huione Crypto: Dark Network Link Crypto Exchange
🕸 Haowang Guarantee: Darknet Market
🔐 “There is no cheap security”
Slowmist’s Security Officer @23pds made the following warning in a statement:
“Don’t take your life at risk because it’s just a few hundred dollars cheap. This is not a savings, it’s suicide.”
🧾 No return
Slowmist traced the funds, but the possibility of rescue was “almost impossible .. This event reveals the vital importance of being a conscious consumer in crypto security.
