This sucks, I see stories like this all the time on here. He really shouldnt have been keeping that amount of crypto online though. It should be on paper wallets or a hardware wallet. Sad for him 
He learned his lesson tho. Jokes aside, this is pain in the as@% for "old investors" used to stock market, banks and general no brain needed in terms of security.
Now when you are your own bank and YOU must handle all things that bank needs to handle so hacking, scams, not paying back loans etc etc it start to show human errors.
This is first in financial history that people need to gain big knowledge to invest/keep it safe.