Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin developer @lukedashjr's wallet was hacked
by
NotATether
on 02/01/2023, 17:26:47 UTC
⭐ Merited by JayJuanGee (1)
Not trying to joke around or anything.  But could this be a 'lost my Monero in a boat accident' kind of 'hack'?  I can not wrap my head around how this could have happened.  Unless lukedashjr's way of storing his balance was mediocre.

The only way I can think of this happening is in a non-standard storage configuration:

- PGP key is used to encrypt crypto multiple Bitcoin private keys
- To spend the bitcoins, the password of the key is entered, and a transaction is made (by hand??)
- Hacker steals PGP key and message, and places a keylogger to get the password. Then they can swipe the coins.

Keep in mind I am still assuming at this point, this is probably NOT how he actually set up his cold wallet.