Exodus Wallet Bitcoin Cash Theft - Revision history

Azoundria: Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/exoduswalletbitcoincashtheft.php}} {{Unattributed Sources}} Exodus WalletReddit user MobTwo reports that their Exodus Wallet appeared to have been emptied of all bitcoin cash worth $75k. The community is speculating as to the cause of the loss. This is a global/international case not involving a specific country.
2023-09-01T16:00:03Z

Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/exoduswalletbitcoincashtheft.php}} {{Unattributed Sources}} thumb|Exodus WalletReddit user MobTwo reports that their Exodus Wallet appeared to have been emptied of all bitcoin cash worth $75k. The community is speculating as to the cause of the loss. This is a global/international case not involving a specific country.<ref name="redditold-11546" /><ref name="redditold-11547" /..."

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{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/exoduswalletbitcoincashtheft.php}}
{{Unattributed Sources}}

[[File:Exodus.jpg|thumb|Exodus Wallet]]Reddit user MobTwo reports that their Exodus Wallet appeared to have been emptied of all bitcoin cash worth $75k. The community is speculating as to the cause of the loss.

This is a global/international case not involving a specific country.<ref name="redditold-11546" /><ref name="redditold-11547" /><ref name="localbitcoincasharchive-11548" /><ref name="localbitcoincasharchive-11549" /><ref name="localbitcoincasharchive-11550" /><ref name="bitcoinexplorerarchive-11551" /><ref name="blockchair-11552" />

== About Exodus Wallet ==
"So yesterday, I realize my Exodus wallet Bitcoin Cash was all gone and thus began my investigation in how this could all have happened. I have concluded that the culprit is Exodus Wallet and here are the information and you can decide for yourself."

"For some reason, my post gets hidden so I am posting again.

You can read the full investigation at LocalBitcoinCash.org/news/26/ExodusWallet_Hacked(Scam_Wallet?_You_Decide.)

Update: I communicated with the Exodus support and I don't think it is an insider job. Nevertheless, I would still like to warn other users about the backup email issue as it is a security problem. We don't know the routes (and who had access to) that email took to reach your mailbox. I wasn't in the mood to continue the discussion and would just want to put the whole thing behind me and move on."

"I have personally seen several instances where Malwarebytes said a machine was clean, but TDSSKiller found a rootkit infection. It only takes 1 minute to scan, so I recommend it. I also recommend scanning with one other anti-malware program.

No one program - like Malwarebytes - is 100% foolproof. In fact, some malware will deliberately cripple a program like Malwarebytes so it appears that your machine is clean."

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:
* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - Exodus Wallet Bitcoin Cash Theft
!Date
!Event
!Description
|-
|December 23rd, 2018
|Last Transaction
|Reported date of last legitimate withdrawal from Exodus.
|-
|December 26th, 2018 3:15:38 AM MST
|Reddit Post
|Issue posted on Reddit.
|}

== Technical Details ==
This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

== Total Amount Lost ==
The total amount lost has been estimated at $75,000 USD.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?
== Individual Prevention Policies ==
{{Prevention:Individuals:Placeholder}}

{{Prevention:Individuals:End}}

== Platform Prevention Policies ==
{{Prevention:Platforms:Placeholder}}

{{Prevention:Platforms:End}}

== Regulatory Prevention Policies ==
{{Prevention:Regulators:Placeholder}}

{{Prevention:Regulators:End}}

== References ==
<references><ref name="redditold-11546">[https://old.reddit.com/r/btc/comments/a9nh0q/exodus_wallet_hacked_scam_wallet_you_decide_i/ecncwy5/ normal_rc comments on Exodus Wallet Hacked (Scam Wallet? You Decide.) - I lost my Bitcoin Cash and here's my investigation.] (Oct 17, 2022)</ref>

<ref name="redditold-11547">[https://old.reddit.com/r/btc/comments/a9nh0q/exodus_wallet_hacked_scam_wallet_you_decide_i/ Exodus Wallet Hacked (Scam Wallet? You Decide.) - I lost my Bitcoin Cash and here's my investigation. : btc] (Aug 23, 2023)</ref>

<ref name="localbitcoincasharchive-11548">[https://web.archive.org/web/20200203061504/http://localbitcoincash.org:80/news/26/Exodus_Wallet_Hacked_(Scam_Wallet LocalBitcoinCash.org - Buy Bitcoin Cash, Sell Bitcoin Cash, Trade Bitcoin Cash Locally] (Aug 23, 2023)</ref>

<ref name="localbitcoincasharchive-11549">[https://web.archive.org/web/20200926051313/https://localbitcoincash.org/news/26/Exodus_Wallet_Hacked_(Scam_Wallet?_You_Decide.) https://web.archive.org/web/20200926051313/https://localbitcoincash.org/news/26/Exodus_Wallet_Hacked_(Scam_Wallet?_You_Decide.)] (Aug 23, 2023)</ref>

<ref name="localbitcoincasharchive-11550">[https://web.archive.org/web/20201109061821/https://localbitcoincash.org/news/26/Exodus_Wallet_Hacked_(Scam_Wallet?_You_Decide.) https://web.archive.org/web/20201109061821/https://localbitcoincash.org/news/26/Exodus_Wallet_Hacked_(Scam_Wallet?_You_Decide.)] (Aug 23, 2023)</ref>

<ref name="bitcoinexplorerarchive-11551">[https://web.archive.org/web/20201111182735/https://explorer.bitcoin.com/bch/tx/09276ed239b2eb3f347567ce0baea0d099a809ef5499507bcd7c9f55e9a26831 https://web.archive.org/web/20201111182735/https://explorer.bitcoin.com/bch/tx/09276ed239b2eb3f347567ce0baea0d099a809ef5499507bcd7c9f55e9a26831] (Aug 23, 2023)</ref>

<ref name="blockchair-11552">[https://blockchair.com/bitcoin-cash/transaction/09276ed239b2eb3f347567ce0baea0d099a809ef5499507bcd7c9f55e9a26831?from=bitcoin.com Bitcoin Cash / Transaction / 09276ed239b2eb3f347567ce0baea0d099a809ef5499507bcd7c9f55e9a26831 — Blockchair] (Aug 23, 2023)</ref></references>