Bitcoin core developer loses 216 BTC to ‘PGP compromise’

Jan. 2, 2023 at 8:45 am

By Oluwapelumi Adejumo

Bitcoin core developer Luke Dashjr said he lost “basically” all his BTC stash to the compromise of his  PGP key in a Jan. 1 Twitter thread

Dashjr did not reveal the amount of BTC he lost to the alleged hackers. He said some of his BTC was co-joined with the wallet “1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa.”

Blockchain explorer showed that the wallet transacted four times and holds 216.93 BTC — worth roughly $3.6 million — as of press time.

Dashjr said he had no idea how the malicious players accessed his PGP keys. PGP keys employ an encryption program that provides cryptographic privacy and authentication for data communication

Dashjr added that his attempts to reach law enforcement agencies had been futile so far.

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