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The hacker behind the $68 million Bitcoin scam wants to contact the victim
Alex Dovbnja
Is the hacker scared now after blockchain investigators started working to track them down?
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The hacker who pulled off a $68 million address poisoning scam pulled it off required contact the victim via the Ethereum blockchain, asking for their Telegram to initiate communication.
This happens after the victim repeatedly attempts to contact the hacker following the loss of funds:
“We both know that $7 million is enough to live comfortably, but $70 million will keep you up at night,” one of the messages She said.
A 68 million dollar nightmare
AS reported by U.Todaya trader lost a staggering $68 million worth of Bitcoin (BTC) sent by sending the aforementioned sum to a fraudulent address that looked almost identical to the real one.
Address poisoning involves sending spam transactions from nearly identical addresses. Potential victims are expected to copy and paste these addresses from transaction history without double-checking them.
The fact that someone with such a large amount of cryptocurrency would fall for such a relatively simple ploy has left many members of the cryptocurrency community perplexed.
Track down the hacker
Shortly after scamming traders out of their millions, the hacker began converting the illicit funds into multiple Ethereum addresses.
However, some experts have noted that it would be very difficult for the hacker to actually launder these funds without getting caught.
SlowMist, a blockchain security company, recently explored the incident further. Several hacker IPs have been identified which originate from mobile stations based in Hong Kong. However, it is possible that a VPN was used to carry out the transactions. The hacker also conducted similar attacks on the Tron network.
About the author
Alex Dovbnja
Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience covering everything related to the burgeoning industry, from price analysis to Blockchain disruption. Alex has authored more than 1,000 stories for U.Today, CryptoComes, and other fintech media. He is particularly interested in regulatory trends around the world that are shaping the future of digital assets; he can be contacted at alex.dovbnya@u.today.