An incident occurred in which all BTC held by the first core developer of Bitcoin was stolen by hacking
Luke Dashjr , one of Bitcoin's first core developers, revealed that nearly all of his Bitcoins were stolen as a result of a hack that occurred on December 31, 2022. He has asked the Federal Bureau of Investigation (FBI) and police to help with the recovery.
The Block: Bitcoin developer claims loss of $3.3 million after PGP exploit
https://www.theblock.co/post/198688/bitcoin-developer-pgp-exploit
Key bitcoin developer calls on FBI to recover $3.6M in digital coin | Ars Technica
https://arstechnica.com/information-technology/2023/01/key-bitcoin-developer-calls-on-fbi-to-recover-3-6m-in-digital-coin/
Dashjr revealed on his Twitter on January 2, 2023 that the Pretty Good Privacy (PGP) key was hacked and all of Dashjr's Bitcoins were stolen.
PSA: My PGP key is compromised, and at least many of my bitcoins stolen. I have no idea how. Help please. #Bitcoin
— @[email protected] on Mastodon (@LukeDashjr) January 1, 2023
Dashjr's Bitcoin was stolen four times on December 31, 2022. The total damage amount is 216.93 BTC, which is about 3.6 million dollars (about 475 million yen) when converted to the rate at the time of article creation.
While Mr. Dashjr said, ``I don't know how it was hacked. It has been pointed out that looseness led to Bitcoin theft.
PSA: My server was accessed this morning by an unknown person. Full analysis in progress, but take extra care that you PGP-verified any downloads. #Bitcoin
— @[email protected] on Mastodon (@LukeDashjr) November 17, 2022
Cryptographer and engineer Nik Bougalis said, 'Secure cryptographic key management is very difficult even for experienced and trained people, and the industry as a whole needs to improve.'
This is sad to hear but, unfortunately, this kind of thing is not an uncommon story: secure key management is very difficult to do right for people with experience and training;
— ???? ???? ???? ???? (@nbougalis) January 2, 2023
This is something the industry as a whole needs to do better. https://t.co/MJhvzmeEiV
In response to these incidents, Changpong Zhao, CEO of Binance, the largest cryptocurrency exchange, said, ``Binance's security team will monitor Dashjr's Bitcoins and freeze the assets if they are sent to Binance. ” and expresses support.
Sorry to see you lose so much. Informed our security team to monitor. If it comes our way, we will freeze it. If there is anything else we can help with, please let us know. Enforcement (LE) relationships worldwide.
— CZ ???? Binance (@cz_binance) January 1, 2023
Mr. Dashjr has asked the US Federal Bureau of Investigation (FBI) and the police to help recover the stolen approximately 217 BTC, but has revealed that he has not received a response from the FBI or the police at this stage.
What the heck @FBI @ic3 why can't I reach anyone???
— @[email protected] on Mastodon (@LukeDashjr) January 1, 2023
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in Security, Posted by log1r_ut