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TikTok Crypto Nightmare: $6.5M Vanishes After Buyer Snags Tampered Cold Wallet from China

TikTok Crypto Nightmare: $6.5M Vanishes After Buyer Snags Tampered Cold Wallet from China

Published:
2025-06-16 09:02:02
9
3

User loses $6.5m in crypto after buying tampered cold wallet via TikTok China

Another day, another crypto horror story—this time with a side of social media recklessness.

How a ''secure'' purchase turned into a $6.5M heist

A TikTok-fueled deal for a cold wallet—supposedly the Fort Knox of crypto storage—went sideways when the device arrived pre-hacked from China. The result? A cool $6.5 million exit scam, no blockchain required.

When ''airtight security'' means ''easy mark''

The victim learned the hard way that not all hardware wallets are created equal. Tampered devices can ship with pre-loaded backdoors, turning your vault into a thief''s piggy bank the second you deposit funds.

Crypto''s eternal lesson: Trust nothing, verify everything—especially when shopping via algorithmically-generated Chinese TikTok ads. But hey, at least someone''s 6.5 million dollars richer (and it''s definitely not you).

|Square

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