stolen BTC from electrum in 2018 accumulated in this adress

[new19980]

Hi
i think a lot of users knew about Electrum fishing attack in 2018 when a fishing message
appear to electrum users asking them to update their wallet to a fake version that steal
your btc when you enter your password however till now the stolen btc is still moving and
i found that the hacker accumulated most of it in this adress
https://www.blockchain.com/explorer/addresses/btc/1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g
do you think it still possible for the hacker to get arrested when he dicide to move any btc to an exchange to
transfer it into fiat since most of exchanges support KYC just like happened to the two hackers of bitfinex here if u didnt knew
https://www.justice.gov/opa/pr/two-arrested-alleged-conspiracy-launder-45-billion-stolen-cryptocurrency

[1714635894]

1714635894

[1714635894]

1714635894

[OmegaStarScream]

How did you come to the conclusion that the address belong to the hacker?

According to this article[1]. That address belongs to a Bitcoin whale who withdrew his funds from Bitfinex a few months ago.

[1] https://www.benzinga.com/markets/cryptocurrency/23/06/32667156/dex-trading-bots-the-most-profitable-crypto-trading-strategies-are-hiding-in-plain-sight

[hd49728]

That phishing attack was bad and forum admin announced about it to warn the community.
Electrum vulnerability allows arbitrary messages, phishing

They was phished because they did not verify GPG signatures.
[GUIDE] How to Safely Download and Verify Electrum

The hackers were arrested, bitcoin was seized but I doubt victims in 2018 will receive their bitcoin back.

[new19980]

How did you come to the conclusion that the address belong to the hacker?

According to this article[1]. That address belongs to a Bitcoin whale who withdrew his funds from Bitfinex a few months ago.

[1] https://www.benzinga.com/markets/cryptocurrency/23/06/32667156/dex-trading-bots-the-most-profitable-crypto-trading-strategies-are-hiding-in-plain-sight

its the hacker adress because someone who get his btc stolen from electrum in 2018
posted his wallet and the transaction ID in reddit at that time when i tracked the transactions i ended up to this one
 if what are u saying is true then that whale is the hacker

[bitmover]

How did you come to the conclusion that the address belong to the hacker?

According to this article[1]. That address belongs to a Bitcoin whale who withdrew his funds from Bitfinex a few months ago.

[1] https://www.benzinga.com/markets/cryptocurrency/23/06/32667156/dex-trading-bots-the-most-profitable-crypto-trading-strategies-are-hiding-in-plain-sight

According to wallet explorer, this address has alone 400000 transactions and it is part of a wallet with more than 2 million transactions

https://www.walletexplorer.com/wallet/00000ce9ca742500?from_address=1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g


This address holds 2600 btc. Could the hacker get more than 2k btc in this phising attack? It is way more than I expected

[new19980]

That phishing attack was bad and forum admin announced about it to warn the community.
Electrum vulnerability allows arbitrary messages, phishing

They was phished because they did not verify GPG signatures.
[GUIDE] How to Safely Download and Verify Electrum

The hackers were arrested, bitcoin was seized but I doubt victims in 2018 will receive their bitcoin back.

i dont think it get arrested how did u knew that if it was arrested then why +2500 hacked BTC still moving

[new19980]

How did you come to the conclusion that the address belong to the hacker?

According to this article[1]. That address belongs to a Bitcoin whale who withdrew his funds from Bitfinex a few months ago.

[1] https://www.benzinga.com/markets/cryptocurrency/23/06/32667156/dex-trading-bots-the-most-profitable-crypto-trading-strategies-are-hiding-in-plain-sight

According to wallet explorer, this address has alone 400000 transactions and it is part of a wallet with more than 2 million transactions

https://www.walletexplorer.com/wallet/00000ce9ca742500?from_address=1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g


This address holds 2600 btc. Could the hacker get more than 2k btc in this phising attack? It is way more than I expected

yes im sure its the hacker adress since i found it when i was tracking the reported electrum stolen btc from someone transaction from 2018
the hackers send the stolen btc to multiple defferent adresses then he did the same from those adresses multiple times
and ended up on this adress

[new19980]

They was phished because they did not verify GPG signatures.
[GUIDE] How to Safely Download and Verify Electrum

if electrum site get hacked i dont think GPG signature will help since the hacker will change both
the electrum wallet file and the signature file to something looks like the devs signature since you will
download both fake singature and fake file from hacked electrum site

andjust like mentioned here
https://github.com/spesmilo/electrum/issues/4953


note the text "Sources and executables are signed by ThomasV. GPG Key ID : 0x6185FDBFC15DDD19"
but the real key for ThomasV is 6694D8DE7BE8EE5631BED9502BD5824B7F9470E6

that mean when you scan the fake electrum file you still think its the real version
especially for new users who download both fake signature and fake electrum from the hacked electrum site

[OmegaStarScream]

This address holds 2600 btc. Could the hacker get more than 2k btc in this phising attack? It is way more than I expected

It wasn't worth that much at the time but I think the amount was around that yes.

But according to this article[1]. There was a suspect who got arrested and his funds seized (they didn't mention how much).

I couldn't find any updates about the case but the article also mentions the hacker used BISQ and Monero so I don't see someone who's that careful using a CEX like Bitfinex.

[1] https://thenationview.com/cryptocurrency/97819.html

[hosseinimr93]

yes im sure its the hacker adress

No. You are wrong. That's bitfinex hot wallet address.
If someone hacks your wallet, steals your bitcoin and then send the fund to Bitfinex, binance or any other exchange, does it mean your bitcoin has been stolen by the exchange?

If your fund has been stolen and it has been moved to that address, it means that the fund has been deposited to bitfinex. That's all.

[UmerIdrees]

yes im sure its the hacker adress

No. You are wrong. That's bitfinex hot wallet address.
If someone hacks your wallet, steals your bitcoin and then send the fund to Bitfinex, binance or any other exchange, does it mean your bitcoin has been stolen by the exchange?

If your fund has been stolen and it has been moved to that address, it means that the fund has been deposited to bitfinex. That's all.

Also when these stolen fund reaches the exchange, there is no way one can further trace them. As the hacker may exchange them with any altcoins or multiple altcoins and then withdraw those altcoins from the exchanges. So now there is no point monitoring that address, even if belongs to the hacker (in this case of course its an bitfinex address and not the hacker's address)

At the time of writing this address contains 2801 BTC and there are many transactions happening every few miuntes also proof that this is not a hacker's address.

[BVeyron]

Hi
i think a lot of users knew about Electrum fishing attack in 2018 when a fishing message
appear to electrum users asking them to update their wallet to a fake version that steal
your btc when you enter your password however till now the stolen btc is still moving and
i found that the hacker accumulated most of it in this adress
https://www.blockchain.com/explorer/addresses/btc/1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g
do you think it still possible for the hacker to get arrested when he dicide to move any btc to an exchange to
transfer it into fiat since most of exchanges support KYC just like happened to the two hackers of bitfinex here if u didnt knew
https://www.justice.gov/opa/pr/two-arrested-alleged-conspiracy-launder-45-billion-stolen-cryptocurrency

I think all such arrests won't end up with neither assets seizure nor imprisonment, since legal status of cryptocurrencies is still unclear in most countries. And, even if crypto assets are to be seized, there is anyway little to no chance to get it back, since such transactions are impossible to be legally tracked (even if money path is obvious, it may turn out that this path is legally unproven, same things happen with fiats as well).

[NotATether]

Recovering bitcoins is a double-edged sword if the entity holding those stolen coins happens to be a government. Because separately, they can easily demand that users turn over their coins at anytime, for whatever reason they feel like, which I call "anti-recovery". So yeah. It's not like there is some altruist organization that can seize funds from hackers AND returns them back to confirmed users.

[Blitzboy]

Well, wouldn't it be a hoot if the crypto-crook just strolled into an exchange and got nabbed during a fiat conversion? Dream on, mate!

Sure, the Bitfinex hackers got caught, but it's a bit like finding a needle in a haystack. We're talking about an arena where anonymous digital currency meets the murkiness of the Internet - it's a cyberpunk detective story.

Could the hacker get caught? Maybe, but only if they were as clumsy as a bull in a china shop. Given the hefty sum they've accumulated, I'd reckon they've got the wits to keep their tracks well covered. Mixers, tumblers, privacy coins... There's a whole smorgasbord of tools for a cyber-bandit on the lam.

[NotATether]

Well, wouldn't it be a hoot if the crypto-crook just strolled into an exchange and got nabbed during a fiat conversion? Dream on, mate!

Sure, the Bitfinex hackers got caught, but it's a bit like finding a needle in a haystack. We're talking about an arena where anonymous digital currency meets the murkiness of the Internet - it's a cyberpunk detective story.

Could the hacker get caught? Maybe, but only if they were as clumsy as a bull in a china shop. Given the hefty sum they've accumulated, I'd reckon they've got the wits to keep their tracks well covered. Mixers, tumblers, privacy coins... There's a whole smorgasbord of tools for a cyber-bandit on the lam.

(one of) the Electrum hackers have already been arrested. https://www.bleepingcomputer.com/news/security/police-arrest-man-for-laundering-tens-of-millions-in-stolen-crypto/

[Fivestar4everMVP]

Like omega said, very possible the address does not belong to any hacker, but let's assume the address actually belongs to the hacker refered to, well, it is actually possible that he could be arrested if he decides to move the bitcoin to an exchange possibly to sell, but another thing to consider is, what if he decides to use a mixer?
I don't think any exchange would be able to detect the stolen bitcoins so as to link it to any account..
If it's actually possible for the hacker to still be detected even if he uses a mixer, then I stand to be corrected.

[crwth]

An update, as of writing, this holds 3K+ BTC now.

Upon checking who the BTC address is, I think it's good to know this. I'm just not sure how fraudulent but of course, any public address can be checked and determined.
https://www.bitcoinwhoswho.com/address/1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g

I don't know how it's 1969 with the first transaction or something.

[jrrsparkles]

An update, as of writing, this holds 3K+ BTC now.

Upon checking who the BTC address is, I think it's good to know this. I'm just not sure how fraudulent but of course, any public address can be checked and determined.
https://www.bitcoinwhoswho.com/address/1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g

While I am checking the address holds 995.2 BTC so there is lot of activities going on there so I don't think it belongs to hacker, but hacker probably used if its some kind 9f crypto related service so OP misjudged that this address belongs to hacker.

And as others said if he is smart enough to hack that much amount of money then I don't think he will be dumb enough to use KYCed exchange which will expose his real identity.

[Games.Bitcoin]

In 2018, a significant amount of Bitcoin (BTC) was stolen from the Electrum wallet and accumulated in a specific address. This unfortunate incident raised concerns within the cryptocurrency community, highlighting the importance of secure storage practices. While the exact details and extent of the theft may vary, it serves as a reminder for individuals and businesses to remain vigilant and employ robust security measures to safeguard their digital assets. The incident prompted heightened awareness and efforts to enhance wallet security, emphasizing the ongoing need for advancements in the crypto space to prevent such occurrences in the future.

[milewilda]

How did you come to the conclusion that the address belong to the hacker?

According to this article[1]. That address belongs to a Bitcoin whale who withdrew his funds from Bitfinex a few months ago.

[1] https://www.benzinga.com/markets/cryptocurrency/23/06/32667156/dex-trading-bots-the-most-profitable-crypto-trading-strategies-are-hiding-in-plain-sight

According to wallet explorer, this address has alone 400000 transactions and it is part of a wallet with more than 2 million transactions

https://www.walletexplorer.com/wallet/00000ce9ca742500?from_address=1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g


This address holds 2600 btc. Could the hacker get more than 2k btc in this phising attack? It is way more than I expected

If we do tend to look back about this certain situation

Phishing Attack on Electrum Wallet Nets Hacker Almost $1 Million in Hours: Report
Based up on the link or article which it do mentions only 250 BTC on that time. I dont know if there are more people get phished after that
before the news spread out like wildfire and halt out Electrum users on stopping that update pop out.

Checking out the address, it do shows on this one;
https://www.blockchain.com/explorer/addresses/btc/1MkM9Q6xo5AHZkLv2sTGLYb3zVreE6wBkj

So the address on OP given might really be not the hacker or just been said its owned by some whale.