DeFiance Capital rescues $13.3 million at risk of being stolen

Quick Take

  • Not only did DeFiance Capital founder Arthur Cheong lose $1.7 million in NFTs and crypto in a phishing attack, but a second wallet was exposed.
  • From the second wallet, the hacker stole more than $720,000 of Lido tokens and had the potential to steal a lot more — but it was prevented.

It’s been a bad week for DeFiance Capital. 

On Tuesday, it was reported that DeFiance Capital founder Arthur Cheong fell foul to a phishing attack by clicking a malicious link in an email. His personal crypto wallet was compromised, losing $1.7 million in NFTs and cryptocurrency. What wasn’t reported is that a second wallet was also compromised, initi