Author

Topic: Electrum Wallet Scam Claiming They Were Hacked (Read 155 times)

legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
January 19, 2018, 05:49:26 AM
#3
Is there any way you can help me get my money back?
The only one who can give it back is the thief, and that's very unlikely.

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or anyone you can recommend that can help me track down the owner of this wallet where my funds were sent to
The only way to track this, is by following the funds. http://walletexplorer.com/ may help, if there's a connection to an exchange it may be possible. But it's unlikely to be able to trace it, and also very unlikely for them to cooperate.

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or recommend someone who knows how I can file a lawsuit against Electrum?
Electrum uses a fairly standard licence:
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THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND,
EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND
NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE
LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION
OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION
WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

Keeping $100k in a hot wallet isn't a good practice.
HCP
legendary
Activity: 2086
Merit: 4363
1. Electrum was not "hacked"
2. Electrum did not claim they were "hacked"
3. Having a password set, rendered the possibility for someone to view your seed/private keys/sensitive data via RPC impossible. So, as you say:
I did not have 2FA enabled but I did have a very long password that had to be entered before funds could be transferred. I also have Norton AV installed and no viruses have been found.
The fact that you had a password set excludes the possibility that you lost the coins due to the recently highlighted security flaw that was identified in the Electrum RPC setup.


This is indeed an unfortunate loss of bitcoin, but I would be fairly confident that the fault does not lie with Electrum. The earliest transaction into your wallet was on 19/12/2017. The vast majority of the balance was deposited on 01/01 and 02/01, the day they were "stolen".

Can you be 100% sure that you downloaded the "official" Electrum from: https://electrum.org/#download Huh
and did you check the digital signature of the installer? If not, do you still have the original installer that you used?
newbie
Activity: 23
Merit: 0
Electrum Wallet Scam Claiming They Were Hacked. My Bitcoins were either stolen from my Electrum Wallet or Electrum just made Billions by claiming they were hacked. STAY AWAY FROM ELECTRUM!!!

Electrum was Hacked and my coins were stored in Electrum.

I opened my Electrum wallet today, January 18, 2007 and found out that on January 2, 2018 all my bitcoins (7.88014412 btc worth $110,682.86 USD) were sent to the following bitcoin address:

1BhbPsVryBx9vBwLgaFRg2jY4Y1dh9i5vf

Apparently, Electrum knew about the vulnerability in their software for over two years. They are only claiming they knew about the security issue as of November 24, 2017 and did nothing about it until January 7, 2018 which just happens to be 5 days after my coins were stolen.

Electrum never warned wallet owners of the severity of the security vulnerability and after learning about the problem, they were negligent by not releasing a patch, immediately, to fix the problem. If nothing else, they should have at least informed wallet owners to move their coins out until the problem was fixed.

Read more about Electrum's carelessness about security within their software here: https://motherboard.vice.com/en_us/article/ev55na/electrum-bitcoin-wallets-were-vulnerable-to-hackers-for-two-years-json-rpc

I did not have 2FA enabled but I did have a very long password that had to be entered before funds could be transferred. I also have Norton AV installed and no viruses have been found.

Is there any way you can help me get my money back? or anyone you can recommend that can help me track down the owner of this wallet where my funds were sent to, or recommend someone who knows how I can file a lawsuit against Electrum?

feel free to contact me
johnnyjackson @ protonmail . com

http://bitcoinwhoswho.com/address/1BhbPsVryBx9vBwLgaFRg2jY4Y1dh9i5vf
https://blockchain.info/address/1BhbPsVryBx9vBwLgaFRg2jY4Y1dh9i5vf
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