INSUBCONTINENT EXCLUSIVE:
A crypto user has reportedly lost nearly $7 million in crypto after buying a discounted cold wallet through the Chinese version of TikTok,
tampered with, and the reduced price is a way to lure in victims.Source: SlowMistDouyin has an e-commerce feature, the Douyin Shop, which
team member working under Jihan Wu, the co-founder of Bitcoin mining equipment manufacturer Bitmain, said the victim was a close friend who
the Huione Group, is a Cambodian conglomerate that operates a network of illicit businesses, which includes payment service platform Huione
of scams can be more difficult to prevent because the devices are shipped by third parties, and the people shipping or packing the devices
crypto-stealing malware alongside its official drivers, which resulted in over $953,000 in Bitcoin (BTC) being stolen.Cybersecurity firm
Kaspersky also said on April 1 that it uncovered thousands of counterfeit Android smartphones sold online with preinstalled malware designed
