Chinese whale loses $45M worth of BTC and BCH
- The Chinese investor, who goes by “Zhoujianfu,” got attacked via a SIM-swap heist.
- He sought help from BCH miners and the crypto community, promising a reward in return.
A Chinese investor, who goes by “Zhoujianfu,” has become the victim of a SIM-swap heist and has lost around $45 million ($30 million worth BCH and $15 million worth Bitcoin). A SIM-swap attack is an act in which a user’s mobile number is ported to another SIM card that the hacker possesses without the user’s knowledge. The hacker can then access the user’s personal account information such as emails and logins for crypto exchanges.
Zhoujianfu sought help from BCH miners and the crypto community by posting the following message on the Bitcoin subreddit:
[This] is my address, goddamnit. [The transactions] only [have] 3 confirmations, if any miners/the community can help somehow, I’ve got the private keys. Help, help, help… big reward obviously.
NewsBTC’s brief analysis of the addresses revealed that a transactor had sent the funds from the affected addresses to others, and then split up the coins to avoid detection.
Dovey Wan, the founding partner of Primitive Crypto, tweeted:
BREAKING
1M $BCH sim hack!! worth $30M from 1 single Chinese whale (he claimed lost $15M $BTC too) He's now asking for help from miners ..I'm talking with top BCH pool owners on this OMFGBCH address :qzumak2rvxksjgkjuxe2fe5jxatktlsnhy5sthr5p7
THIS IS REALLY BRUTAL
Author
Rajarshi Mitra
Independent Analyst
Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.
