The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto hack after meeting with scammers posing as investors in a hotel lobby in Rome. The bizarre aspect of the story, according to co-founder Ahad Shams, is that the crypto was stolen from a newly set up Trust Wallet and that the hack took place during the meeting at some point. He claims the thieves could not have possibly seen the private key, nor was he connected to a public WiFi network at the time. The thieves were somehow able to gain access while taking a photo of the wallet’s balance, Shams believes. The letter, which was shared on Twitter on Feb. 7, contains statements from Webaverse and Shams, explaining that they met with a man named “Mr. Safra” on Nov. 26 after several weeks of discussions about potential funding. “We connected with ‘Mr. Safra’ over email and video calls and he explained that he wanted to invest in exciting Web3 companies,” explained Shams. “He explained that he had been scammed by people in crypto before and so he collected our IDs for KYC, and stipulated as a requirement that we fly into Rome to meet him because it was important to meet IRL to ‘get comfortable’ with who we were each doing business with,” he added.
Full story : Crypto project hacked for $4M in a hotel lobby.