Crypto Trader Loses $6,50,000 In 2 Seconds

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A crypto trader has revealed that he lost a whopping $6,50,000 (Rs 4.97 crore) after scammers hacked his iCloud account

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The trader Domenic Lacovone revealed the scam on Twitter

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He said it all began with a phone call he thought was from Apple.

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Lacovone suspected it might be fraud so he ignored it

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But it turned out to be an Apple number so he decided to call it back.

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They asked for a code that was sent to my phone and 2 seconds later my entire MetaMask was wiped,” he added

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The trader had a load of valuable cryptocurrencies and non-fungible tokens (NFTs) saved in digital wallet app MetaMask.

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He was not aware that MetaMask stores a 12-digit “seed phrase' file on iCloud automatically from his iPhone

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