Topic: Anyway to be smart about this? (Read 361 times)

But of course, it's not Bitcoin being discussed there. However, the scenario can still wipe off one's Bitcoin in that same wallet with other alts if it's compromised. I want to believe you know there's something called crypto wallet – a wallet that contains various alts and Bitcoin too. We've many of them. A very popular one is Trust Wallet, just to mention but one, which can also be used for staking and all that.

A wallet specifically for Bitcoin alone is called a Bitcoin wallet while those that contain more cryptos are called crypto wallets.

A friend's crypto wallet was drained and there is a particular token he is staking, using this wallet, he already abandoned the crypto wallet but I am curious if there is anything I can do to help him?

What can someone do if a crypto wallet is compromised but the wallet owner is staking on such wallet still? The APY is coming in but we both curious how possible it can be to get the staked token after the period of staking is over, without ending with the hacker or whatever is fit for the drainer to be called.

Wouldn't the most appropriate term be a multi-coin/multi-crypto wallet.

Im not pretty sure they got the keys, since if they have the keys for the wallet, they would have transfer the amount for the transfer but instead what they are doing is wait for us to send a certain amount that will automatically send it to their desired wallet,

Apparently, it ain’t Bitcoin that is being discussed here as, I don’t know of any Bitcoin wallet that allows you to stake your coin. It’s some altcoin been discussed and just anything could go wrong with altcoins I tell you.

The hacker already compromised the wallet and stole the keys, so the hacker is in control of the wallet and has moved the funds out of the wallet, OP is talking about withdrawing funds from staking he was doing in that wallet, though i don't think it is possible because the hacker must have set up a sweeper bot to move any funds that enters that wallet and it would definitely be faster than an human action.

Having said that, mind you that passwords only protect your wallet file when it is in your device, if an attacker has your keys or seed phrase, they would import it in their own device and set any password of their own choice.

It's strange that I have never seen anyone ask me this question before until now, and I even try finding answers on here but with no luck.

A friend's crypto wallet was drained and there is a particular token he is staking, using this wallet, he already abandoned the crypto wallet but I am curious if there is anything I can do to help him?

What can someone do if a crypto wallet is compromised but the wallet owner is staking on such wallet still? The APY is coming in but we both curious how possible it can be to get the staked token after the period of staking is over, without ending with the hacker or whatever is fit for the drainer to be called.

That's some scary stuff there. So, we've more than safekeeping our seedphrases to grapple with now and into worrying our already stressed minds about vulnerability that's outside our control. To even think that Metamask was immuned to vulnerable attacks now leaves a panic situation at hand. I thought it's clicking on unverified links that can expose one's wallet. Doing that would be left in the hands of the wallet owner but to be told that it can come down to a situation other than that is really heartbreaking.

And if change the password of the wallet then the owner would not have access to it but since he has not changed it both nof them can use it and the hacker is waiting for the owner of the wallet to deposit funds again so the best way is to withdraw everything from the wallet and abandon the wallet and us another one.

Before now, this kind of issue had also been experienced by my friend. His wallet got compromised, and every valuable asset in it was moved to an unknown wallet, but there was a token in that hacked wallet that was not yet listed on any exchange (bought from an ICO). I believe it's because the token was not yet listed; that's why the hacker did not move out the token.

My friend wanted to move the token to a new wallet he has created because he knows that when the token gets listed on the exchange, it will be profitable. So, what he actually did was give the wallet phrase to about three friends and ask them to import the wallet on their device. After which, all of them had an agreement that one person among the four of them would send BNB to the wallet, which would serve as a gas fee, while the other three people would initiate a withdrawal after the BNB deposit was successful.

It was like a rescue mission, lol, but

It actually worked like that: the token was successfully withdrawn, and the rest of the left-over BNB also got automatically withdrawn to the hacker's wallet.

@OP, If the staking period of that friend's coin is due, it will be transferred back to the hacked wallet you are talking about, and if the coin is already listed on an exchange and it's a valuable coin, there is a high chance that it will be withdrawn to the hacker's wallet even before you think of sending it out. But if it is not done by the hacker before you try, I will advise you to try the technique my friends used. If it's an Ethereum-based coin, use an ETH deposit for the fee, but if it's a BNB-based coin, you can deposit BNB for the fee.

I don’t know much about staking but, isn’t the stake amount still in the wallet even if the wallet is compromised because the token is restricted from been moved. Then if the rewards  ( APY) which I believe should be spendable then the owner of the wallet both can have access to withdraw that funds if only it is not sweeper bot that is on that wallet. If it is sweeper bot then immediately the funds enter it will automatically be withdrawn to the hackers address but if it is not probably the hacker just has the private key then it will be withdrawn by who saw it first.

It's strange that I have never seen anyone ask me this question before until now, and I even try finding answers on here but with no luck.

A friend's crypto wallet was drained and there is a particular token he is staking, using this wallet, he already abandoned the crypto wallet but I am curious if there is anything I can do to help him?

What can someone do if a crypto wallet is compromised but the wallet owner is staking on such wallet still? The APY is coming in but we both curious how possible it can be to get the staked token after the period of staking is over, without ending with the hacker or whatever is fit for the drainer to be called.

It's strange that I have never seen anyone ask me this question before until now, and I even try finding answers on here but with no luck.

A friend's crypto wallet was drained and there is a particular token he is staking, using this wallet, he already abandoned the crypto wallet but I am curious if there is anything I can do to help him?

What can someone do if a crypto wallet is compromised but the wallet owner is staking on such wallet still? The APY is coming in but we both curious how possible it can be to get the staked token after the period of staking is over, without ending with the hacker or whatever is fit for the drainer to be called.

And if change the password of the wallet then the owner would not have access to it but since he has not changed it both nof them can use it...

@Porfirii, I was not the real victim of what I said; it happened to a close friend of mine who is also a crypto enthusiast.

Regarding your question, yes, the token was successfully withdrawn to another wallet (a new wallet).

-snip-

Successfully, the intended token was withdrawn to a new wallet, but the $4.8 (in BNB) unspent fee quickly went to the hacker's wallet.

First of of the hacker didn't change anything in the wallet and he only drained the valuable coins and left behind the tokens that are not listed any any exchange platforms but they are used to stake in the creator website. And if change the password of the wallet then the owner would not have access to it but since he has not changed it both nof them can use it and the hacker is waiting for the owner of the wallet to deposit funds again so the best way is to withdraw everything from the wallet and abandon the wallet and us another one.