G. Love has lost his Bitcoin savings in a scam, the musician recently revealed on social media.
Earlier in the week, the G. Love & Special Sauce frontman posted on X that he’d had a “really tough day today” after he “lost my retirement fund in a hack/Scam when I switched my @Ledger over to my new computer and by accident downloaded a malicious ledger app from the @Apple store.”
“All my BTC gone in an instant,” he added at the time.
In another X post, he shared just how much he lost. “I lost 5.9 BTC all I had for ten years I worked on this f–k be careful out there,” G. Love wrote. As of press time, 5.9 BTC converts to about $439,000.
In response to people accusing G. Love of lying about the situation, he later wrote, “It’s just hard to get scammed. F–k all yall haters that called me a liar.”
“I been in the crypto circus since 2017,” the guitarist continued. “Today they caught me off guard. It was my own damn fault for not being more diligent. But let it serve as a warning. There’s so many scams.”
G. Love’s alleged stolen Bitcoin appears to have been laundered through KuCoin, a cryptocurrency trading platform. The company’s official account responded to him on X, sharing, “We have taken temporary restraining measures and temporarily frozen the suspicious account for 7 days,” to which the singer replied with his thanks.
Later, he wrote, “It sucks so bad that there are so many bad actors out there … I truly believe in crypto and I have for almost 10 years, but I’ve gotten f–ked over quite a bit now.”
On the charts, G. Love’s band has scored nine albums on the Billboard 200. His 2011 LP Fixin’ to Die reached No. 8 on the Top Rock Albums ranking.
This past November, G. Love & Secret Sauce dropped its latest full-length: Ode to R.L.
