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#1 30-01-2019 21:56:21

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Registered: 21-12-2009
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Computer hacker once again steals $175,000 of Ethereum at Cryptopia

A computer hacker has once again stolen $175,000 of Ethereum at Cryptopia

Article originally appeared on Finance Magnates

The hacker that managed to steal $16 million-worth of ethereum from Cryptopia a few weeks ago is at it again. According to a post published on the Elementus blog today, the New Zealand-based cryptocurrency has lost control of its clients’ ethereum wallets.

Apparently the hacker managed to siphon off another 1,675 ether tokens, worth around $175,000, from 16,000 accounts on the exchange.

And, according to Elementus, 5,000 of the users that were affected by the heist were part of the contingent of traders who had been stolen from in the original attack.

That means that many users seem unaware that the attack had even happened as they had topped up their accounts with more ethereum.

Some users may simply not know that Cryptopia has been hacked. Alternatively, they may be receiving funds from mining pools which are automatically depositing funds into their Cryptopia wallet.

No comment from Cryptopia

Though it did address the fact that it had been hacked a few weeks ago, Cryptopia has yet to make any comment regarding the allegations made today.

More startling is the fact that the exchange is supposed to be on lock-down. The exchange’s website is not operational and, on its Twitter account, the firm said that it is currently undergoing maintenance as the police investigate the prior hack.

The fact that the hacker was still able to continue his attack, after a mere 2 weeks, would seem to indicate that Cryptopia has lost total control of its clients’ ethereum wallets.

Elementus employees were able to trace the hacker's public key and identify the wallets that he, or she, was sending the stolen cash to. Unfortunately, that likely won’t be of much help to police or anyone else investigating the crime.

Unless the hacker made some sort of bizarre slip-up that would enable authorities to match their public key to a real-life individual, nothing can likely be done to retrieve the stolen funds.

"Anything worth having is worth going for - all the way." - J.R. Ewing



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