JianHao Tan gives friend ‘benefit of the doubt’ after shared crypto wallet allegedly hacked, S$580,000 lost – Mothership.SG

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On May 6, YouTuber JianHao Tan tweeted about how he had lost his non-fungible tokens (NFTs), cryptocurrency, and “worst of all… a friend.”

In the series of tweets, Tan also mentioned that he had been “betrayed” by the person.

While that may lead some to think that the friend has since made away with the assets, Tan clarified with Mothership this was not the case.

In response to our queries, the 28-year-old CEO of Titan Digital Media said that “everything has been sorted out” on their end.

Tan elaborated that he does not blame his partner, and they are “still good friends now”.

What happened

The YouTuber posted the following tweets on May 6, sharing about how he had “been betrayed by [his] partner,” causing him to lose his NFTs and currencies.

For the uninitiated, BAYC is an acronym for Bored Ape Yacht Club, which is a NFT collection.

Examples of BAYC NFTs. Images via boredapeyachtclub.com.

APE refers to ApeCoin, a cryptocurrency that has been linked to Yuga Labs, the creator of BAYC.

Image via apecoin.com.

ETH refers to ether—a cryptocurrency similar to Bitcoin.

Photo by Kanchanara on Unsplash.

Investigation underway

Speaking to Mothership, Tan said that he had entrusted some of his NFTs to a shared wallet with a partner.

“I never expected this to happen because it was someone whom I was quite close to,” he added.

While Tan…

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