An user named @RMessit (on X) and his father had lost 25 $BTC they have been holding since 2012.

They found out about the incident recently when they enquired about the assets to build a project.

The private key of their wallet was stored in a lower security level password storage system called KeePass. 

The user and his father had hold total of 25 $BTC by combining in three wallets and they had stored the private keys of the three respective wallets in that KeePass.

The user believed that someone intruded the KeePass and stole all the Bitcoins. 

He shared the three respective Transaction IDs too. 

Upon researching, it has been found out that some funds had gone through a single weak Wasabi “mix” before mostly being deposited to Fixed Float, an instant swap exchange platform. 

Pic Courtesy: @ergoBTC (on X)

Pic Courtesy: @coinableS (on X)

A big portion of the 3.4 $BTC theft went unmixed, and ended up in an old wallet that was dormant since 2021, the wallet only started to be used again 13 days after the hack and is actively spending the amount.

The hackers also have been adding amounts to their wallet from Binance after the hack. So, Binance's help have been sought to identity the wallet holder as Binance have the KYC data.

Small amount of linked funds were deposited to Coinbase exchange and OkX exchange too.

Follow for more informative contents.

#BTC #Web3Wallet #hacking