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Electrum Bitcoin wallet still plagued by known crypto phishing attack

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Electrum Bitcoin wallet still plagued by known crypto phishing attack

Two Electrum software wallet users have recently reported the loss of large sums of Bitcoin (BTC). One victim described the disappearance of 1,400 BTC, totaling $14,595,000 at press time, while another claimed 36.5 BTC, worth $380,512, as stolen. The events appear connected to a long-standing phishing scam affecting Electrum users since 2018.

“Users need to be careful when dealing with their own keys, particularly when they are holding the keys to a wallet with a large amount of cryptocurrency as it makes them attractive to hackers,” Jason Lau, the chief operating officer of crypto exchange OKCoin, told Cointelegraph in response to the 1,400-BTC hack, adding:

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Electrum Bitcoin wallet still plagued by known crypto phishing attack

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