News

This MetaMask Exploit Has Stolen $10M Ether From OG Crypto Users

single-image

Over 5,000 ether has been stolen from the MetaMask wallets of cryptocurrency veterans across multiple chains since December 2022, according to a MetaMask developer known as Tay.

At press time, the amount of ether stolen is worth $10.5 million. The ongoing hack deliberately targets “OGs who are reasonably secure,” the dev noted on Twitter, but it remains unclear how the sophisticated hacker is pulling it off.

Stay in the know on crypto by frequently visiting Crypto News Today

“This is NOT a low-brow phishing site or a random scammer… It ONLY [steals from] OGs,” Tay wrote.

The MetaMask dev speculates that the hacker acquires a data cache from the victim’s device. “My best guess … is that someone has got themselves a fatty cache of data from [over a year ago] and is methodically draining the keys as they parse them from the treasure trove.”

Though information on the hacker’s methods remains unclear, all victims have something in common besides being embedded in the space for several years: their wallet keys were created between 2014 and 2022.

According to the MetaMask dev, the hacker will commit a secondary theft in the hours following their initial heist to collect assets and dust that they initially missed. Large thefts are carried out by swapping assets into ether within the victims’ wallets and then into bitcoin through a centralized swapper. A week later, the bitcoin is washed through a crypto mixer in order to make it difficult to trace.

Tay has urged MetaMask users to split their crypto across multiple keys.CRYPTOCASTER® - DECENTRALIZED FREEDOM!
Read More at PROTOS


Please Read Essential Disclaimer Information Here.
© 2022-2023 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.


Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
MATIC – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
LITECOIN – ltc1qxsgp5fykl0007hnwgl93zr9vngwd2jxwlddvqt

You may also like