A MAN lost £278,000 in a crypto scam after he handed over his digital wallet to a hacker on a fake app.
Brandon Larsen, from Utah, was left devastated after ruthless hackers wiped more than half of his £506,000 (USD$700,000) crypto fortune in minutes.
“Unfortunately it was a lookalike app and I gave access to my digital wallet to a hacker,” he told KUTV.
“I’ve shed a lot of tears, I’m not going to lie,” said Brandon.
The trader wanted to download the app for 1inch, an exchange for Ethereum – a type of blockchain currency – but unfortunately the actual app he downloaded was a similar-looking scam.
It took hackers three minutes to steal £278,000 (USD$384,006) from his account in March this year, according to Brandon’s website.
“Obviously this is…