Post
Topic
Board Beginners & Help
Re: Tampered Wallet From Douyin Drains User’s $6.9 Million Crypto
by
Smartvirus
on 16/06/2025, 21:08:47 UTC
What I know about it is that the wallet is very cheap, the private keys are known to the people that sold it at some point. The victim likely see it cheap and bought it and transferred $6.9 million worth of coins there. I do not know the coins the that were lost.

https://www.bitdegree.org/crypto/news/tampered-wallet-from-douyin-drains-users-6-9-million-crypto

I clearly don’t get it… why would someone be so clueless to buy a hardware wallet cheaply, only to transfer coins of over $6m into it for safe keep or whatever reason. Worst of all, you are buying from a source where the private key has already been exposed to them. It doesn’t make sense at all!
Having that amount should mean, you know what your security of it should be and you don’t get to go cheap on it, you don’t leave any room for vulnerability and just have to utilize best means to save them Bitcoins.

While go cheap with security on such an expensive portfolio!