NFT Artist Deekay Kwons Wallet Attacked, Life Savings Stolen

Korean NFT artist DeeKay Kwon shared today that his crypto wallet was stolen and all his life savings were lost.

DeeKay posted on X, “I have just become a victim of cybercrime. All my wallets have been stolen, my life savings, and everything I have earned as a Web3 artist has vanished. This happened during a 14-hour flight from South Korea to New York.” 

Due to his travel journey, Kwon couldn’t access the Internet during the flight. Kwon has guessed that the money was stolen after his mnemonic phrase was leaked. Kwon, however, found out that only his funds were taken away, and all his NFTs remain unaffected. Kwon has begun to move his NFTs to a new secure wallet.

Kwon had a photo of his handwritten seed phrase (not digital) synced to Google Drive, hidden in a random folder, “but there’s no sign of any suspicious login activity”, added Kwon.

DeeKay said, “I have nothing now, and this may be the biggest challenge of my life. What I am most worried about is my family, who are all financially dependent on me.” Reading this post, several X users began tagging ZachXBT, and asked the popular crypto sleuth for helping Kwon.

This is the second time DeeKay has fallen prey to an attack. Previously on July 15, 2022, Kwon’s X account was attacked and his NFTs worth more than $150,000 were stolen. The hacker also posted a link to a phishing website, inducing users to approve a malicious transaction in order to obtain an exclusive NFT. Using this method, the hacker managed to steal NFTs worth about $150,000 from multiple victims.

Also Read: Bitcoin Wallet, Ordinals Wallet X Account Hacked in Phishing Attempt

RECENT NEWS

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Ether Surges 16% Amid Speculation Of US ETF Approval

New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more

BlackRock And The Institutional Embrace Of Bitcoin

BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more

Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business

Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more

Ethereum Price Holds Five-year Range As Breakdown Risk Points To $950

The current Ethereum price is within a long-term five-year range and positioned below key volume levels, increasing the ... Read more

400 Million Coins Left: BlockDAGs $0.0005 Entry Price Is About To Vanish Forever

BlockDAG is entering its final presale hours at a fixed price of $0.0005, with only 400 million coins remaining before p... Read more