Crypto Evangelist Claims Hack of $2M In Coins During Livestream

Crime, News | April 16, 2018 By:

A cryptocurrency evangelist was apparently hacked while livestreaming on YouTube Sunday night, losing an estimated $2 million in coins.

Ian Balina was in the midde of his program when he was confronted by a viewer, who asked if he was aware that someone had transferred all of the tokens from his wallet accounts. Balina did not immediately react to the comment, but then cut off his livestream. He returned within hours to finish his report, claiming a power outage stopped the show.

He was more forthcoming later on Telegram, putting out a statement asking for help in tracking his hack. “Hey Crypto Family, I need you now more than ever,” he wrote. “I had to end today’s live stream abruptly because I am being hacked.” He listed three ether wallet addresses that needed tracking.

Balina blamed the mishap on his college email address, which provided access to his private keys. Balina usually provides a screenshot of his holdings with his reports to buttress his claims, perhaps incentivizing hackers who saw a bounty that was relatively unprotected.