Jun 2021 - Yoroi Hot Wallet Drained EchoLake90

$5 000 USD

JUNE 2021

GLOBAL

YOROI WALLET

DESCRIPTION OF EVENTS

"Your gateway to the financial world Yoroi light wallet for Cardano & Ergo"

"I never used Yoroi until I saw a few subs mentioning it was easier and I got bored of waiting 30 minutes for Daed to fully sync because I never went in there... no reason to. Was staking, I knew how much I had... pointless to be in Daed all the time. Anyway, put my seed in a couple weeks back, now come home to disappeared Ada. I literally never touch my accounts. I'm so sick and confused at to what happened."

"I know... I have [a hardware wallet]. I simply thought the Daed wallet was good enough because I literally hardly ever check in on it. I just happened to read about the Yoroi wallet and wanted to try it, so I did. I know, I know... should've used it.. but the point remains, someone my wallet was drained and while the cold wallet is absolutely the best option, doubtful there's 100% use worldwide. It's scary stuff"

"Yes, this is a big fail on my part. I have owned a Ledger for a couple years and use it for everything BUT my Ada. I thin I had an issue setting it up and thought the Daed wallet was secure enough since I never use it only to send Ada in. I setup my Yoroi wallet a couple weeks back and this happened... obviously because I put my seed phrase on the net. There's no debate, you either have it on a hardware wallet or you're just waiting to be drained."

"I thought the website, but obviously now I cannot be sure. That would be unlike me to just grab from the brave/chrome store because I like to know I'm getting genuine article. Be second guessing myself for a while now"

"1 wallet. Just put in seed phrase to copy my Daed wallet and it was fine. Just happened a couple weeks later. I don't necessarily want to say it "has to be" the Yoroi wallet thing, but damn, it's all I have to think of that allowed my wallet to be drained like that."

"I just came home from work and see my WALLET DRAINED! I just moved to a Yoroi wallet from Daedalus a couple weeks ago and now this happened! 4k+ ADA Gone!! Am I losing my mind? I've never touched my Ada and it was staked with Titan. Holy F happened? NO... my seed phrase IS NOT on my computer. it's printed in a safe. This has got to be an error... how how how I checked Daed and there is nothing there... fully sync'd. I'm ded"

“I can guarantee you Yoroi isn't compromised because I submit the versions to each browser and the only versions ever submitted were by me. Additionally, you can't just inject code into Yoroi through a dependency to steal keys because Yoroi runs as a browser extension -- which unlike websites have a lot more security features. One of these security features is that the Yoroi Extension can't communicate with any website other than our server (which never receives your private key)

Additionally, you can't steal somebody's funds from Yoroi or Daedalus unless you also know their spending password, so unless the person has a keylogger on their machine they most likely gave their recovery phrase to somebody (either directly or indirectly by saving it somewhere online)”

"Nothing wrong with Yoroi, it is safe as Daedalus or any other wallets. The problem is 99,999% times on the user side as the safety of their funds rely on the ability of the user to keep their computer/phone safe. Sorry you have lost your ADA, what I would advise is you to take your computer to an cyber security specialist to determine how it was compromised and report it to your local authorities"

"I've downloaded Malwarebytes. I'm starting to think I got a bad version of Yoroi and when I put in my seed phrase to match my Daed wallet, it was compromised. This is the only thing that makes sense unfortunately. I'm not FUDing Yoroi, this is just my experience. I've had Ada many, many months to only use Yoroi once in last couple weeks to setup the wallet then I lost it all."

"No[ update]. I've seen posted here and elsewhere that Brave wasn't necessarily supported. Still unsure how it was drained, but it's only a lesson in either you do everything from a hardware wallet or you're naked on the web."

"It's hardware or bust. There is no grey area on this. I even watched a main influencer on twitter get rekt not using a cold wallet and Ada was my only asset not attached to my Ledger. Dunno what else to say other than PSA!"

Reddit user EchoLake90 reported that their funds had disappeared from their Yoroi Wallet, and blockchain data showed that the funds were transfered to another wallet. EchoLake90 had stored their seed phrase securely offline, however they had entered the seed phrase when setting up the wallet a couple weeks prior. It is suspected that their computer may be compromised and running continual key logging software. There is no indication that they have pursued the matter with authorities or that any of their funds have been recovered.

QUADRIGA INITIATIVE

CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM

A COMMUNITY-BASED, NOT-FOR-PROFIT

$5 000 USD

JUNE 2021

GLOBAL

YOROI WALLET

DESCRIPTION OF EVENTS

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