Warning about fake cold wallet scams: Nearly $7 million lost in just a few hours!

A user in China has just become a victim of a serious scam, losing nearly $7 million just for buying a “discounted” cold wallet on #Douyin (Chinese TikTok).

According to the security company SlowMist, this wallet was pre-loaded with malware from the production stage, causing the victim's #privatekey (private key) to be exposed as soon as it was used. Just a few hours after loading assets into the wallet, the entire amount was drained by hackers.

🔍 The money was then laundered by hackers through the system of Huione Group – an illegal organization in Cambodia, which specializes in providing money transfer services, crypto trading, and operating the black market.

🚨 A big lesson for the crypto community:

Never buy cold wallets from unofficial sources or because of “cheap deals.” Always purchase directly from the official website of the manufacturer or authorized distributors.

In the crypto market, you are your own bank – and security is the top priority. A moment of negligence can cost you your entire fortune.

💡 Please share this information to help the community avoid falling into increasingly sophisticated scam traps in the cryptocurrency space.