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Bitcoin Investor Alleges 139 BTC Theft by Hacker, Pays Unprecedented $3 Million in Fees

Bitcoin Investor Alleges 139 BTC Theft by Hacker, Pays Unprecedented $3 Million in Fees

A Bitcoin User Claims Ownership of Hacked Funds in Record-Breaking Transaction

A Bitcoin user has come forward claiming ownership of the hacked funds involved in a transaction where miner AntPool received over 83 BTC in fees. The user, known as X, stated that they were the victim of a hack connected to the largest Bitcoin fee ever paid for a single transaction. The incident occurred when X created a new cold wallet and transferred 139 BTC to it, only to have the funds immediately transferred out to another wallet. X believes that a hacker likely used an automated script with a flawed fee calculation to hijack their transaction.

Proof and Verification

X provided a signed on-chain message from the compromised Bitcoin wallet as proof of their claim. The message confirms that “@83_5BTC is the owner of the funds that paid the high fee” and was verified by Jameson Lopp, co-founder and CTO of Casa, as well as Mononaut, the creator of Bitcoin explorer Mempool. However, there is still uncertainty regarding whether the signature was issued by the attacker or true victim.

Explanation and Previous Incidents

Mononaut also explained how and why the hacker was able to steal cryptocurrencies from a Bitcoin wallet, suggesting that it may have been due to bad entropy during wallet generation. This incident follows another record-breaking transaction fee paid by crypto firm Paxos, which amounted to around $500,000 due to a “fat finger” error. F2Pool, the miner involved, returned Paxos’ overpayment in good faith.

AntPool’s Response

At present, it is unclear whether AntPool intends to return the hacked funds or how they plan to verify the identity of the self-proclaimed victim.

Hot Take: Bitcoin User Claims Ownership of Hacked Funds in Record-Breaking Transaction

A Bitcoin user has stepped forward to claim ownership of the hacked funds involved in a transaction where miner AntPool received an enormous fee. This incident highlights the potential vulnerabilities and risks associated with cryptocurrency transactions. It serves as a reminder to prioritize security measures such as using multisig and ensuring proper entropy during wallet generation. The response from AntPool and their decision regarding the return of the funds will be closely watched by the crypto community.

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Bitcoin Investor Alleges 139 BTC Theft by Hacker, Pays Unprecedented $3 Million in Fees