
As crypto fever grips Pakistan, what began as a ticket to financial freedom has become a minefield of scams, stolen wallets, and shattered trust
“Never save your wallet key online,” warned Talha, a data scientist with an MS in computer science who works on web development. “I learned that the hard way.”
Despite two-factor authentication (2FA) and strict security on his Facebook account, he lost access to his crypto wallet — not because he clicked a link or downloaded malware, but because months earlier, he had messaged himself his 12-word seed phrase on Facebook Messenger. “There was no login attempt, no alert. The funds just vanished,” he said.