Former stockbroker, commonly known as the “Wolf of Wall Street,” Jordan Belfort, has admitted falling victim to a crypto hacking incident while stressing on the importance of regulating the sector.
According to Belfort, he once lost about $300,000 worth of digital currencies stored in the Metamask wallet after a hack,” he said during an interview with Yahoo Finance on November 21. However, Belfort noted that since the incident, he stores his assets in a cold storage instead of the exchange’s hot crypto wallets.
“I don’t have any of my money in any crypto on exchanges. It’s all off in a cold storage wallet, so to speak, with Ledger. So I got hacked, actually. I lost about $300 on MetaMask last year. This is a very, very, very tough industry right now because it’s really literally like the Wild West,” Belfort said.
All Comments