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Author Topic: BE AWARE -- "Electron Gold" steals private keys.  (Read 284 times)
cuteman
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November 23, 2017, 07:56:48 PM
 #1

There are two major forks of Bitcoin, one of which is legit and one of which is basically a scam.

Bitcoin Cash is the first and forked in mid-October.

Bitcoin Gold is the second and forked... at some point. It's not actually hugely clear.

Anyways, Electron Gold is a fork of Electrum, which is a lightweight Bitcoin wallet. The idea is that you would load your Bitcoin private keys into Electron Gold to "split" your Bitcoin and Bitcoin Gold, and gain access to both.

However, it looks like Electron Gold also sends your private keys to a third party, allowing them to steal both your BTC and BTG.


https://www.reddit.com/r/btc/comments/7eve94/confirmed_electron_gold_steals_private_keys/

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November 24, 2017, 04:39:06 AM
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Wow thanks for info.
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December 04, 2017, 11:40:57 AM
 #3

Bitcoin Gold Wallet Scam Sees Fraudsters Steal $3.2 Million

https://www.cryptocoinsnews.com/bitcoin-gold-wallet-scam-nets-fraudsters-3-2-million-after-stealing-users-private-keys/

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December 05, 2017, 12:38:33 AM
 #4

There are two major forks of Bitcoin, one of which is legit and one of which is basically a scam.

Bitcoin Cash is the first and forked in mid-October.

Bitcoin Gold is the second and forked... at some point. It's not actually hugely clear.

Anyways, Electron Gold is a fork of Electrum, which is a lightweight Bitcoin wallet. The idea is that you would load your Bitcoin private keys into Electron Gold to "split" your Bitcoin and Bitcoin Gold, and gain access to both.

However, it looks like Electron Gold also sends your private keys to a third party, allowing them to steal both your BTC and BTG.


https://www.reddit.com/r/btc/comments/7eve94/confirmed_electron_gold_steals_private_keys/


Where did you get that Electrum Gold is a fork of Electrum?
Electrum Gold is closed-source and doesn't have any git repository.

They are not connected to Electrum in any way.
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December 05, 2017, 03:14:15 PM
 #5

There are two major forks of Bitcoin, one of which is legit and one of which is basically a scam.

Bitcoin Cash is the first and forked in mid-October.

Bitcoin Gold is the second and forked... at some point. It's not actually hugely clear.

Anyways, Electron Gold is a fork of Electrum, which is a lightweight Bitcoin wallet. The idea is that you would load your Bitcoin private keys into Electron Gold to "split" your Bitcoin and Bitcoin Gold, and gain access to both.

However, it looks like Electron Gold also sends your private keys to a third party, allowing them to steal both your BTC and BTG.


https://www.reddit.com/r/btc/comments/7eve94/confirmed_electron_gold_steals_private_keys/


Where did you get that Electrum Gold is a fork of Electrum?
Electrum Gold is closed-source and doesn't have any git repository.

They are not connected to Electrum in any way.

Seems they mixed a wallet with a fork  Cheesy    So, they are warning against Electron Gold wallet,  for keeping Bitcoin Gold crypto.  - this is what I understood.

In fact , BTG turned out to be a token, with al lot of scams are around.    Fake emails from Blockchain.info arrive in big qty, also proposing to claim BTG, by disclosing private keys.   Shocked

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December 06, 2017, 02:48:14 AM
 #6

If you want to split your BTG and BTC then do so via coinomi. But before you do it make sure that you sweep your btc balance into an address that is safely stored because there is always a risk that your private keys can be exposed.

This electron gold is just a bogus bitcoin gold wallet, that is going to use your private keys to scam both your BTG and BTC.

Never, ever click on anything that is sent to your email claiming that they can split your BTG/BTC for you, unless you are sure it is from an official email address.


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