Hackers Steal 200+ BTC of Bitcoin OG and Core Developer

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Bitcoin-core-developer-claims-to-have-lost-200+-BTC-in-hack
  • Bitcoin core developer Luke Dashj claims that his BTCs have been stolen.
  • Dashj claimed that hackers stole more than 200 BTCs.
  • Contextually, Binance CEO remarked that self-custody has a different set of risks.

Adding up to the crypto theft incidents, Bitcoin OG and core developer Luke Dashj tweeted that many of his bitcoins were stolen, on December 30. Dashj claimed on the last day that his Pretty Good Privacy (PGP) key was compromised and hackers took his Bitcoins.

https://twitter.com/LukeDashjr/status/1609613748364509184

In a series of Twitter posts, Dashj shared a wallet address to which some of the stolen BTCs had been sent by the hacker.

https://twitter.com/LukeDashjr/status/1609621375349555204

Dashj also said that he had no idea how the hackers gained access to his PGP key.

A Bitcoin supporter with Twitter handle CertaintyShow asked Dashj  what PGP has to do with anything, to which the developer replied: “That’s how you might verify that your Bitcoin Knots or Core download isn’t infested with malware.”

Following this hack, Binance CEO Changpeng Zhao sent condolences to Luke Dashj in a tweet:

Sad to see even an OG Bitcoin Core Developer lost 200+ BTC ($3.5 million). Self-custody has a different set of risks. We will try to monitor and see where we can help.

Additionally, Bitcoin guide Udi Wertheimer responded to the incident: “You shouldn’t manage your own keys. If even one of Bitcoin’s OG developers messes this up, I really don’t know how other people are expected to do it safely.”

Recently, Certik Alert, a real-time alert provider, noticed that in 2022, the lowest number of hacks, scams, and exploits happened in December. This loss amounts to $62.2 million. Reportedly, in November 2022, the US Department of Justice announced the seizure of nearly $3.6 billion of stolen Bitcoin.

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