The story of a man who lost $ 120,000 in digital currency with one click

A Reddit user recently claimed to have lost $ 120,000 in assets in their digital currency wallets after clicking on a link that appeared to be linked to a malicious file. He said he had reported the theft to authorities, but they could not do anything about it.

To Report Fortune-related digital currency crimes are on the rise, and stories like the man who lost $ 120,000 in digital currency after a click on a malicious address show that users who fail to follow security tips can Be at risk.

A Redofite user of PowerofTheGods, who has been investing in digital currencies since 2016, has invested in a Nano S ledger, a hardware wallet and four Metamask addresses. He has recently been robbed of his assets. When he checked his accounts in December, he suddenly noticed that they were empty. At the time, these assets were valued at more than $ 120,000.

He later discovered that hackers had been able to steal his assets after clicking on a malicious address.

Also read: Crimes in the world of digital currencies; Challenges and coping strategies

The number of stories like this investor is increasing. According to available statistics, in 2021, about $ 14 billion worth of digital currency was stolen during criminal activities, which shows a 79% increase over the previous year.

The Reddit user, who lost $ 120,000 of his assets in one of the thefts, wrote in the Reddit Cryptocurrency community that he’s lost his capital by clicking on a malicious URL while browsing. The user’s Ledger wallet was apparently unlocked at the time, and a malware took control of his browser and then emptied his wallet within minutes.

The user claims that he has reported the theft of his assets to the authorities, but they can not do anything about it, because the digital currency space still does not have clear legislation. It is worth mentioning that after he shared his story on Reddit, other users were found who also claimed to have had similar experiences.