TikTok Scams Target Crypto Investors: Learn How to Protect Your Funds

A recent high-profile cryptocurrency theft case, reported by SlowMist’s Chief Security Officer 23pds, highlights a growing threat on the platform. It involved an investor who lost $6.9 million worth of crypto assets after their cold wallet was compromised before being purchased on TikTok. The stolen funds were quickly laundered through the platform Huiwang, leaving no trace of the theft.