<ul data-eligibleForWebStory="true"><li>A $6.9 million crypto heist has been traced back to a fake cold wallet sold on TikTok.</li><li>The cold wallet had been compromised before reaching the buyer, with the private key stolen during its creation.</li><li>Attackers accessed the wallet and funneled funds through a mixing platform, making recovery difficult.</li><li>Crypto investors were warned to avoid buying cold wallets from unofficial sources, especially on platforms like TikTok.</li><li>Fake hardware wallets are increasingly common online and can be preconfigured to steal assets.</li><li>Deceptive social media listings are being used to lure investors with slightly discounted wallet prices.</li><li>Users are urged to purchase cold wallets only through official, verifiable channels to avoid falling victim to scams.</li><li>The incident highlights the growing need for enhanced security measures as crypto adoption increases.</li></ul>

$6.9M Crypto Heist Traced to Fake Cold Wallet Sold on TikTok

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