TOKEN2049 attendees targeted in hacking wave, trader loses 4000000 dollars

A trader lost about 4000000 dollars worth of crypto in hacking attacks targeting attendees of TOKEN2049 in Singapore. Hackers set up malicious networks disguised as public Wi-Fi at the event venue and nearby hotels and airports, luring users to phishing sites or prompting them to install malware. There are suspicions that, at a side event presented as cybersecurity training, attendees were induced to install remote-access malware, which was then used to steal wallet private keys and other sensitive data. The affected trader, Frogman, was exposed to the attack while networking locally during the event, resulting in the theft of nine tokens from two main wallets.

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