Bitcoin Core developer loses $ 3.5 million in BTC with an alleged exploit

Bitcoin Core developer loses $ 3.5 million in BTC with an alleged exploit

The experienced Bitcoin-Core developer Luke Dashjr went on Twitter on January 1 to reveal that his PGP key was compromised for a hack that led to a considerable amount of BTC. Dashjr added that he didn't know how this happened.

According to CZ, the developer lost over 200 BTC, which is worth around $ 3.5 million at today's prices.

The developer's thread on the entire event revealed that the Hacker Coinjoin used, a tool that improves privacy by anonymizing Bitcoin transactions to disguise the movement of the funds. When Dashjr discovered theft, he tried to contact the FBI.

the theft

DASHJR said that he had "no idea how" the attackers gained access to his PGP key (Pretty Good Privacy). A PGP key is an encryption program that offers cryptographic data protection and authentication.

The theft comes a little more than a month after the developer

Some community members quickly referred to a potential Connection led.

cz, CEO of Binance, expanded his support for Dashjr and promised to take the necessary measures and at the same time monitor the movement of the funds in question.

"I'm sorry that you have lost so much. Our security team informs you for surveillance. If it comes to us, we will freeze it. If there is something else we can help, please let us know. We often have to do this worldwide and have relationships with law enforcement authorities."

community reaction

The long-time Bitcoin Core developer, who has a deep understanding of the systems and security, were stolen and smuggled through a data protection tool. This underlined the importance of the cooling storage, although it is a wealthy technology freak. The self -maintenance has already become a problem, especially after the collapse of the FTX.

The community has set up several theories. And not many are convinced of the revelations by Dashjr. While some were curious, such as a mistake of this size could have happened, other curiosity were one speculated Possible case of "boat accident", a possibility of tax evasion by asserting financial losses. Some believe that the Twitter account itself was hacked.

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