Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
  • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Podcasts
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Market News

YouTuber Loses $60K In Crypto After Showing Seed Phrases Mistakenly

Bianco accidentally shared the address of his Polygon wallet and that led to the loss of 86,600 MATIC.

Written By:
Dishita Malvania

Last updated: September 1, 2023 7:52 AM
Published September 1, 2023 7:52 AM
Share
Last updated: September 1, 2023 7:52 AM
Published September 1, 2023 7:52 AM
YouTuber Loses $60K In Crypto After Showing Seed Phrases Mistakenly

A Brazilian blockchain gaming-focused YouTuber, Ivan Bianco, lost nearly $60,000 worth of cryptocurrency and NFTs after accidentally revealing his seed phrases during a livestream. 

During a livestream on his channel, Fraternidade Crypto, Bianco accidentally showed a document containing his seed phrases. Unfortunately, this mistake led to unidentified people taking control of his digital wallet, which led to the theft of his cryptocurrency assets. 

⚠️ O Youtuber Ivan PERDEU TODO O DINHEIRO ao vivo por abrir sem querer um bloco de notas com a sua Chave Privada.

Autocustódia é algo que demanda extremo cuidado. Jamais guarde suas seeds e senhas no computador ou em local de fácil acesso. Perder todas as criptos é bem mais… pic.twitter.com/AxPsgQ7LWu

— Guilherme Rennó (@RennoGuil) August 30, 2023

Bianco accidentally shared the seed phrases of his Polygon wallet, and that led to the loss of 86,600 MATIC, which was worth $50,800 at the time of the theft.

Additionally, about 3.35 ETH, worth approximately $5,750, from his stolen funds remain in another person’s wallet on the Arbitrum network, as Bianco shared. Several other viewers who could not hold back from this opportunity also swiped smaller amounts of crypto.

In a consecutive livestream, Bianco was seen crying and was explaining to viewers what had happened to him. He also tried to create a new wallet immediately after realizing that he had accidentally exposed his seed phrases, but within a short time, the cryptocurrency held in that wallet  had already been taken.

Surprisingly, after the theft, an unidentified individual contacted him on Discord. Later, they connected over a call, and Bianco claimed that the person who called had stolen his funds.

“He said, ‘I fucked up here, I know what I did was bad,’ and he just hung up and left,” Bianco reportedly said after the incident that 

After the call, the stolen funds of about 86,600 MATIC were returned to Bianco. Bianco confirmed that around $50,000 worth of total cryptocurrency was returned to his address.

“I didn’t do anything to recover it. The guy wanted to return it for some reason, I won’t say his name, because the guy returned it, and there’s no reason for me to screw him, even though what he did was wrong,” Bianco said. 

Also Read: YouTubers Face $1Billion Class-action Lawsuit for Promoting FTX

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

TAGGED:Polygon
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link
Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

Join Our Newsletter

Subscribe to get latest crypto news!

    ​

    Built with Kit

    Latest News

    Ice Open Network Breach Exposes User Data in Third-Party Hack
    Ice Open Network Breach Exposes User Data in Third-Party Hack
    India on Alert as ISKP Pushes AI Propaganda and Crypto Appeals
    India on Alert as ISKP Pushes AI Propaganda and Crypto Appeals
    BTC, ETH, XRP Flash Bullish Reversal Trendline Breaks Across Top 3
    BTC, ETH, XRP Flash Bullish Reversal: Trendline Breaks Across Top 3
    $21 Million on Lido EarnETH At Risk in Kelp DAO Exploit
    $21 Million on Lido EarnETH At Risk in KelpDAO Exploit
    Reabold Explores Bitcoin Mining Using UK Gas Field at West Newton
    Reabold Explores Bitcoin Mining Using UK Gas Field at West Newton

    Find Us on Socials

    Ad image

    You may also like

    Crypto Inflows Hit $1.4B as Bitcoin Leads Global Recovery Wave

    Crypto Inflows Hit $1.4B as Bitcoin Leads Global Recovery Wave

    Indian Authorities Uncover ₹6.82 Crore Crypto Scam in Yamunanagar

    Indian Authorities Uncover ₹6.82 Crore Crypto Scam in Yamunanagar

    ED Raids in Karnataka Bitcoin Scam Pull MLA’s Sons Into India Probe

    ED Raids in Karnataka Bitcoin Scam Pull MLA’s Sons Into India Probe

    Vercel Data Breach Exposes Customer Credentials After AI Tool Compromise

    Vercel Data Breach Exposes Customer Credentials After AI Tool Compromise

    The Crypto Times Logo PNG

    Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

    Stay Updated

    All News
    Exclusive
    Opinions
    Learn
    Podcasts

    Company

    About Us
    Our Authors
    Editorial Policy
    AI Policy
    Advertorial Policy

    Get In Touch

    Contact Us
    Career

    Find Us on Socials

    X-twitter Linkedin Telegram Youtube Instagram

    © 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

    DMCA.com Protection Status
    • Terms and Conditions
    • Disclaimer
    • Privacy Policy
    • Cookie policy
    Do Not Sell or Share My Personal Information