The co-founder of the Web3 metaverse game engine “Webaverse” has revealed that they are the victims of a $4 million cryptocurrency hack after meeting with scammers posing as investors in a hotel lobby in Rome.

The curious side of the story, according to co-founder Ahad Shams, is that the cryptocurrency was stolen from the newly created Trust Wallet and that the hack happened during a meeting at some point.

He claims that the thieves could not have seen the private key, and he was not connected to public WiFi at the time.

Shams believes the thieves somehow gained access while taking a picture of the wallet balance.

The message, posted on Twitter on February 7, contains statements from Webaverse and Shams, explaining that they met a man named “Mr. Safra” on November 26 after several weeks of discussions about potential financing.

We have contacted Mr. Shams made it clear via email and video calls that he wants to invest in exciting Web3 companies.

He explained that he’d been scammed by people in cryptocurrency before, and so he collected our IDs for KYC, and the stipulation that we fly to Rome to meet him because it was important to meet IRL for her to “get comfortable” with who we were each dealing with. “.

While initially skeptical, Shams agreed to meet “Mr. Safra” and his “banker” in person in the lobby of a hotel in Rome, where Shams was to show the “Proof of Funds” of the venture, which “Mr. Safra” claimed he needed to begin Paperwork.

“Although we reluctantly agreed to ‘proof’ a Trust Wallet, we created a new Trust Wallet account at home using a device we originally didn’t use to interact with them. Our thinking was that without our private keys or seed phrases, the funds would be safe anyway.” Shams said.

When we met, we sat across from these three guys and transferred $4 million to Trust Wallet. Mr. Safra asked to see the balances in the Trust Wallet app and pulled out his phone to “take some pictures.”
Shams explained that he thinks it is okay because no private keys or seed phrases were revealed for “Mr. Safra.”