- Mar 21, 2013
- 24,792
- 31,570
Bitcoin hacker and core developer Luke Dash Jr had his private keys stored under PGP.
It seems like his PGP keys were compromised and an attacker gained access to some of his Bitcoin holdings
No way to know how much BTC he had, since the stolen funds were mixed.
The destination wallet has 216 Bitcoin in it, which is about 3.6 million dollars.
https://www.blockchain.com/explorer/addresses/btc/1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa
No way to know how much of that belonged to LDJ but on his Twitter profile he asks for donations and a while back there was a fundraiser to help him. So....taking his word about it, I assume he probably doesn't own most of that.
Funny tho the funds are just sitting there.
Another core dev has independently verified that LDJ indeed posted those tweets. There was initial skepticism over the whole story.
Some folks advocated not keeping coins in own wallets. Not sure what the implied alternative is, but Binance CEO liked the idea:
Not sure what to make of it, but it seems to me like even expeerienced devs can make silly mistakes. Somehow his PGP keys were compromised, which could've happened in a thousands different ways.
Or could there be something more sinister at play here? Government testing quantum decryption? Advanced spyware? We can only guess.
So far Bitcoin price gone up, not necessarily related to the news, but it seems like the markets aren't spooked by the hack.
It seems like his PGP keys were compromised and an attacker gained access to some of his Bitcoin holdings
No way to know how much BTC he had, since the stolen funds were mixed.
The destination wallet has 216 Bitcoin in it, which is about 3.6 million dollars.
https://www.blockchain.com/explorer/addresses/btc/1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa
No way to know how much of that belonged to LDJ but on his Twitter profile he asks for donations and a while back there was a fundraiser to help him. So....taking his word about it, I assume he probably doesn't own most of that.
Funny tho the funds are just sitting there.
Another core dev has independently verified that LDJ indeed posted those tweets. There was initial skepticism over the whole story.
Some folks advocated not keeping coins in own wallets. Not sure what the implied alternative is, but Binance CEO liked the idea:
Not sure what to make of it, but it seems to me like even expeerienced devs can make silly mistakes. Somehow his PGP keys were compromised, which could've happened in a thousands different ways.
Or could there be something more sinister at play here? Government testing quantum decryption? Advanced spyware? We can only guess.
So far Bitcoin price gone up, not necessarily related to the news, but it seems like the markets aren't spooked by the hack.