DiegoPapi6 TrustWallet Theft

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Trust Wallet

DiegoPapi6 was tricked into signing a malicious smart contract which took their funds. While many details of their story don't line up perfectly, they've provided a blockchain address. They claim to have lost $8k in funds.

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

About TrustWallet

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.

Key Event Timeline - DiegoPapi6 TrustWallet Theft

Date	Event	Description
July 31st, 2021 9:28:29 PM MDT	Reddit Post	DiegoPapi6 posts on Reddit about their situation.
December 14th, 2021 2:47:32 PM MST	anonymizeme Reddit Response	DiegoPapi6 posts additional details on a Reddit thread by anonymizeme multiple months later.

Total Amount Lost

DiegoPapi6 did not mention the specific assets lost, but described the amount as "$7700" on December 14th, 2021. However, he also mentioned the stolen assets were "sold back in June for 14 BNB", which is factually inconsistent with a theft that was reported at the end of July.

The closing market price of BNB on July 31st, 2021 was $333.55 USD. Taking his numbers at face value, this would make the value of 14 BNB at that time $4,669.70, which would be an extremely high degree of slippage when liquidating his assets, however that may make sense given a token with less liquidity.

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?

DiegoPapi6 posted on Reddit with some high level details of what happened.

"I really didn't want to post this here today but I have exhausted all avenues and can't seem to get anywhere. I have the address to where the [individual] who sold two of my Tokens for BNB and then sent them off to his or her wallet.

My question is.., Is there there anything I can do at this point? Or should I just move on, dust myself off and try again?

Anyone with knowledge or advice on what I can do please go ahead and shoot it straight. I can handle it"

One of the responses believed that he had bought a scam coin:

"You didn't get hacked and trust wallet is safe. You bought a scam coin that was a smart contract. You should always be careful when you sign a smart contract because it's literally a contract."

Ultimate Outcome

DiegoPapi6 later posted about the situation on Reddit in response to anonymizeme's similar theft situation.

Been there done that... I completely feel your pain. I had $7700 siphoned out of my old TW which would have translated to over $200,000 in today's price in $BRISE which was sold back in June for 14 BNB. Good luck in getting your funds back. It will be near impossible but good luck.

While not explicit, this post suggests that he was not able to recover any of his funds. It is unclear what investigation was done.

Total Amount Recovered

Based on the final comment from DiegoPapi6, there do not appear to have been any funds recovered in this case.

Ongoing Developments

It is unclear whether any further developments will eventually uncover the thief in this situation.

General Prevention Policies

Store most funds offline, double check all transactions.

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.