cold wallet

TikTok Crypto Trap: $6.9M Lost! How to Spot a Cold Wallet Scam

TikTok Crypto Trap: $6.9M Lost! How to Spot a Cold Wallet Scam

The crypto universe may not have delivered on its promise of true decentralization and financial independence, it has delivered a playground for scammers to exploit naive users. The recent attack on Ledger demonstrates the very real dangers of downloading crypto hardware from sources that can’t be verified. One unfortunate cryptocurrency...

TikTok Cold Wallet Scam Leads to $6.9M Crypto Theft

TikTok Cold Wallet Scam Leads to $6.9M Crypto Theft

A recent, complex crypto hack, amounting to a staggering $6.9 million has been linked to a fake cold wallet purchased via TikTok. This recent incident, which played out overnight, is a salient example of the growing threat of fake hardware wallets making their way into internet marketplaces. Federal and state...

Further Reading