Recently, a serious encryption asset security incident has drawn widespread attention in the industry. According to security experts, a user is suspected of purchasing a tampered Cold Wallet on Tiktok, resulting in the theft of approximately 50 million yuan in encryption assets. It is understood that these funds were ultimately transferred through the "Huiwang" platform, and the attacker likely completed the theft at the moment the Private Key was generated.

The security expert 23pds from Slow Mist Technology issued a warning on social media, emphasizing that when purchasing a Cold Wallet, one must choose official and legitimate channels. He particularly reminds users that Cold Wallets being sold online under slogans such as "brand new and unopened" or "special price flash sale" are mostly counterfeit products and are very likely to have been maliciously tampered with.

Another industry insider also confirmed the seriousness of the incident, noting that it resulted in a loss of about $6.5 million. He stated that such fraudulent tactics targeting hardware Wallets are not uncommon, and this scam was centered around the well-known Ledger hardware Wallet.

This incident once again reminds cryptocurrency holders to remain highly vigilant when choosing and using Cold Wallets, emphasizing the importance of the security of the purchasing channels, and to avoid falling into carefully designed security traps due to the temptation of lower prices. For the secure storage of large amounts of cryptocurrency assets, it is even more necessary to adopt multi-factor authentication and more cautious security measures.