Investor shares story of falling victim to $100K crypto hack

“I thought that my heart would stop,” said Matthias Mende as he told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker.

Although theoretically, one can protect themselves from malicious actors in the crypto space by covering all bases and avoiding suspicious links, an investor shared a story of an incident that resulted in over $100,000 in losses despite his best efforts to safeguard his funds.

Speaking to Cointelegraph, Matthias Mende, co-founder of the Dubai Blockchain Center and founder of the social verification project Bonuz, recounted his experience after losing his assets to a hacker.

On June 25, Mende reported the loss of over $100,000 in crypto assets, as well as his Solana Name Service (SNS) domains, “mende.sol” and “bonuz.sol.” He cautioned his followers about the numerous bad actors within the crypto space.

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