F2Pool co-founder Wang Chun said he once transferred 500 bitcoins to a suspected compromised address for testing, and the attacker only took 490 bitcoins, leaving 10 bitcoins behind.
This statement was reiterated in the context of the highly publicized $50 million USDT phishing attack, which has sparked debate about the risk of private key leaks and how users can verify the security of their wallets.
- Wang Chun suspected his private key had been compromised and attempted to verify it by making a transaction of 500 bitcoins.
- The attacker stole 490 bitcoins, leaving 10 bitcoins in the address.
- This incident is being mentioned in the context of the widely discussed $50 million USDT fraud case.
Key developments from Wang Chun's Chia .
Wang Chun said he proactively transferred 500 bitcoins to the suspected hijacked address to confirm whether or not they had been stolen.
According to the post, he suspected his private key had been compromised last year. To verify if the address had actually fallen into the hands of an attacker, he made a transfer of 500 bitcoins to that address.
As a result, the attacker only took 490 bitcoins and left 10 bitcoins behind. Wang Chun described this act as the hacker's generosity and said that the remaining 10 bitcoins were enough for him to live on.
This relates to the $50 million USDT scam that is being discussed.
Wang Chun's Chia comes amidst ongoing discussions in the online community about the $50 million USDT phishing attack.
The original statement didn't provide further details about the $50 million USDT leak, other than that it's a widely discussed topic. The focus of the statement was on how he verified the suspected private key leak with a test transaction and recorded a loss of 490 bitcoins.
Last year, I suspected my private key had been compromised. To confirm whether the address had indeed been stolen, I transferred 500 bitcoins to it. To my surprise, the hacker 'generously' only took 490 bitcoins, leaving me with 10 bitcoins, enough to make a living.
