Bitcoin Core Developer Lost All BTC Holdings

Key Points:

• One of the original Bitcoin developers, Luke Dashjr, revealed today on Twitter that his PGP key had been broken into and that his bitcoins had been taken. The quantity of missing bitcoins is still unknown.
• When the theft was discovered, the prolific developer voiced shock and surprise and questioned why he couldn’t get in touch with anyone at the FBI or IC3.
• Besides, Binance’s CEO affirmed that he would do his best to help.

One of the original Bitcoin developers, Luke Dashjr, revealed today on Twitter that his PGP key had been hijacked and that his Bitcoins had been taken.

After learning of the theft, the well-known developer voiced shock and amazement and theft questions about why he couldn’t get through to anyone at the FBI or IC3.

The exact quantity of lost Bitcoin is still unknown, however, according to Dashjr, a sizeable sum appears to have been sent to 1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa using the CoinJoin mixing service.

Dashjr, one of the most skilled individuals in the cryptocurrency industry, turned to social media to ask for assistance. It is possible that the amount of Bitcoin for personal reasons is not provided.

For the cryptocurrency community, the knowledge that the longtime Bitcoin core developer still had his coins served as a grim reminder. It can be said that a skilled person like Dashjr can still lose his property, there is no guarantee for the user.

Some others claim that Dashjr is lying because the amount of Bitcoin stolen is not specified.

Binance CEO Changpeng Zhao (CZ) also responded to Dashjr’s tweet. He said:

“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.”

Besides, CZ also confirmed that he would do his best to help, and he himself revealed the amount of BTC is more than 200 coins.

Since there is no centralized organization in charge of managing digital assets, it is up to each individual to take extra precautions to prevent unlawful access to their possessions.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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