User claims to have lost funds after downloading a fake wallet from the official Huawei store 177,473 units USDT

Article

A user allegedly had funds stolen after downloading a “fake wallet” from the official Huawei store 170000 USDT BlockBeats reported that October 5, a Douyin user (Mr. Li Yi), posted a video on social media saying that this year June 10, after downloading a “fake wallet” from the official Huawei store, his seed phrase was exposed and stolen 177,473 units USDT.

According to his account, hackers changed control of his wallet address to multisignature, then carried out a second scam by claiming that it could be “unlocked for a fee.” After the victim transferred funds, the hackers transferred all USDT from the address. After he posted a video exposing the App’s violations, its download volume in the official store fell sharply. The hackers repeatedly organized coordinated reports against his video, forcing it to be taken down, and privately attempted to negotiate a “conditional video deletion” agreement.

The victim said that, after conducting his own investigation, he learned that the scam App had 5 servers deployed in Hong Kong, and that payment was used to list the App in the official Huawei store and improve its ranking, causing many victims to download the scam App first in search results. Because relevant prohibitions exist in mainland China and the relevant wallet Apps cannot normally be launched in the store, Apps that “cannot be launched but nevertheless exist in the store” may all be counterfeit scam Apps.

Original link https://m.theblockbeats.info/flash/370344

Key points

Douyin user Li Yi claims that this year,June 10 after downloading a “fake wallet” from the official Huawei store, his seed phrase was exposed and stolen 177,473 units USDT。
The victim claims that hackers changed control of the wallet address to multisignature and subsequently carried out a second scam by demanding a “fee to unlock” it.
The victim claims that the scam App was previously listed in the official Huawei store and that its ranking was boosted through payment.
The report notes that the relevant claims mainly come from a video, descriptions, and a self-conducted investigation published by the victim; Huawei, law enforcement agencies, blockchain analysts, and other independent sources have not confirmed them.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Wallet Apps are generally used to manage digital assets; a seed phrase is equivalent to the wallet’s core control credential. If the seed phrase is exposed, another party may control the wallet. Multisignature means that multiple authorizations are required for a transfer, but this article does not explain specifically how the address involved was controlled.

Why it matters to readers

If the allegations are accurate, users may have lost USDT, and users’ trust in app stores and cryptocurrency wallet distribution channels may also have declined.

Do not assume that an App is safe merely because it appears in an official store; information involving seed phrases, transfers, or an “unlocking fee” should first be verified at the source.

Risks and unknowns

The official Huawei store has not confirmed the App involved or its listing review process in the available evidence.
The evidence provides no blockchain address, fund flow, or information about the scope of other victims.
“5 servers,” “paid listing and ranking promotion,” and “conditional video deletion” are claims based only on the victim’s own investigation or descriptions and have not been independently verified.
The evidence cannot confirm whether all losses were directly caused by the App.

User claims to have lost funds after downloading a fake wallet from the official Huawei store 177,473 units USDT

Article

AI-assisted interpretation

Why it matters to readers

Risks and unknowns

Related Developments

Related concepts

Keep following

Security Center