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That little change was all it took to redirect cryptocurrency slated for CoinDash into the wallet of the attacker. According to a screenshot of the CoinDash Slack channel, posted to Reddit and confirmed as authentic by Motherboard , CoinDash realized what was happening within three minutes — but the damage was done.
Angry online commenters, who may or may not have fallen prey to the scam, quickly took to Reddit to vent their frustration — with some hinting at the possibility of an inside job. However, those that sent their ether to the wrong address may not be entirely out of luck.
CoinDash says it will still issue tokens to anyone who was swindled as long as it happened before company employees shut their site down upon discovery of the hack. If you sent ETH to the hacker address, please fill this form. As for the stolen ether? Well, that's just chilling in a wallet , waiting until the crook comes to collect. And, unless the perp left some clues behind during the hack itself, he or she will soon be sitting pretty with their ill-gotten gains.
Following laundered cryptocurrency, after all, is a notoriously difficult task. We're using cookies to improve your experience. As explained after the fact on the company's website , hackers managed to change one tiny but important detail on the CoinDash website just as the ICO was scheduled to begin: The Ethereum wallet address. That little change was all it took to redirect cryptocurrency slated for CoinDash into the wallet of the attacker. According to a screenshot of the CoinDash Slack channel, posted to Reddit and confirmed as authentic by Motherboard , CoinDash realized what was happening within three minutes — but the damage was done.
Angry online commenters, who may or may not have fallen prey to the scam, quickly took to Reddit to vent their frustration — with some hinting at the possibility of an inside job.
However, those that sent their ether to the wrong address may not be entirely out of luck. CoinDash says it will still issue tokens to anyone who was swindled as long as it happened before company employees shut their site down upon discovery of the hack.
If you sent ETH to the hacker address, please fill this form. As for the stolen ether? Well, that's just chilling in a wallet , waiting until the crook comes to collect. And, unless the perp left some clues behind during the hack itself, he or she will soon be sitting pretty with their ill-gotten gains.