Trader loses Rs 5 crore in cryptocurrency after wallet gets 'totally wiped out' in seconds

moneycontrol.com:

 A crypto trader lost $650,000 (roughly Rs 5 crore) worth of cryptocurrency and NFT to scammers. Domenic Iacovone shared his experience and sought help from experts on Twitter. He even offered $100K as reward for any assistance.

Iacovone said that he had stored his digital assets on a cryptocurrency wallet called MetaMask. He began to receive messages asking him to reset his Apple ID and password. Initially, the crypto trader did not heed the messages thinking of them to be sent by fraudsters.

Later, however, he received a call from Apple Inc. Iacovone noticed that the number was associated with Apple and it made him believe that the call was genuine.

“Got a phone call from Apple, literally from Apple (on my caller ID). Called it back because I suspected fraud and it was an apple number so I believed them," he tweeted.

Hey y’all, let’s see how amazing this community can be. My entire wallet was just stolen. Totally wiped out,

MAYC 28478, MAYC 8952, MAYC 7536

Looking for all the help I can get.

100kreward @BoredApeYC @GutterCatGang

The person on the phone told Iacovone that his account was compromised and that they require a OTP to verify his credentials. But, as soon as he shared the 6 digit verification code, the person hung up and in seconds Iacovone's account was wiped off of all the cryptocurrency and NFTs that he had saved on MetaMask.

Responding to Iacovone's tweet, a crypto security advisor @Serpent took cognizance of the matter and shared additional details about the incident, including the screenshots of Iacovone’s phone.

NEW PHISHING SCAM

Already $650,000 stolen from a single individual and it's going to happen to a lot more people.

This is how it happened

According to Serpent, there is a 12-digit number also known as a