Hypersphere investment partner and the former head of Animoca Brands Mehdi Farooq lost his savings in cryptocurrency due to Zoom’s phival hacking.

The attack on the businessman’s cryptocurrencies began with outwardly harmless communication in Telegram on behalf of his friend Alex Lin, who asked for an online meeting in Zoom.

Shortly before the meeting, Lin offered Faruk to go to call the Zoom Business service “for the sake of compliance with the rules”, explaining that one of the partners, whom Farok also knew, would join their conversation.

Farok later said that the meeting in Zoom looked reliable and the interlocutors included cameras, although there was no sound. The interlocutors referred to technical problems and asked to update the Zoom client, throwing a link to download. After installing a fake update, all six Faruk cryptocurns were completely devastated.

The businessman later found out that the Lina account was hacked, and the attack could be connected with the hacker under the name Dangrouspassword, presumably from the North Korean Lazarus Group. The exact amount of the businessman’s losses was not disclosed, but Farok said that he had lost his savings over many years.

Earlier, SlowMist blockchain security experts reported that the theft scheme of crypto acts through phishing links to Zoom was first discovered in November 2024 and had already led to multimillion -dollar losses.