BITCOIN DEVELOPER LUKE DASHJR HAS LOST ALL HIS BTC HOLDINGS

The crypto industry faced a surge of hacking and scamming incidents following the bullish market run in 2021, and unfortunately, 2022 proved to be a particularly dire year with an alarming number of hacks and attacks. To add to the growing concerns, the new year began on a somber note as Luke Dashjr, a seasoned Bitcoin developer, fell victim to an attack.

In a Twitter post from Dashjr’s official account, he shared the distressing news that he had lost all his BTC holdings due to a compromised PGP key. Expressing his bewilderment, he reached out to his followers for assistance in recovering the funds.

“I have no idea how this happened. If anyone can help me recover my funds, please do,”

Dashjr appealed

While the exact amount of Bitcoin stolen remains undisclosed, given Dashjr’s extensive experience in the industry since 2011, the loss is believed to be substantial. Dashjr revealed that a significant portion of his funds had been transferred to the following wallet address: 1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa. The transfer was conducted using the widely utilized CoinJoin Bitcoin mixer.

Following the disheartening revelation, Dashjr lamented, “Nevermind many. It’s basically all gone.”

Concerned individuals in the comments speculated that Dashjr’s Twitter account may have been compromised, to which the developer responded, “almost certainly.” The cause behind the compromise of the PGP key remains unclear, prompting various opinions and insights from the community.

Notably, Changpeng Zhao, widely known as CZ in the crypto space and the CEO of Binance, reached out to Dashjr with a message of support and assistance.

bitcoin

“Sorry to see you lose so much. Informed our security team to monitor. If it comes our way, we will freeze it. If there is anything else we can help with, please let us know. We deal with these often, and have Law Enforcement (LE) relationships worldwide,”

Zhao assured

Despite the distressing incident, Dashjr’s plea for help and the support he received from the crypto community exemplify the solidarity and shared commitment to enhancing security measures within the industry.