MyEtherWallet Unauthorized Transaction boki019: Difference between revisions

From Quadriga Initiative Cryptocurrency Hacks, Scams, and Frauds Repository
Jump to navigation Jump to search
(Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/myetherwalletunauthorizedtransactionboki019.php}} {{Unattributed Sources}} thumb|MyEtherWalletBoki019 used MyEtherWallet (MEW) to create a wallet. They transferred 205 ETH to this wallet, stored files and passwords offline, and didn't log in for a month. Despite these precautions and no signs of hacking or phishing, their ethereum was transfered, with no warnings or emai...")
 
(COMPLETE 30 minutes. Fixed description and typo. Updated The Reality section. Updated transaction of Ethereum. Added new explanation. Reference update.)
 
(2 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/myetherwalletunauthorizedtransactionboki019.php}}
{{Case Study Under Construction}}{{Unattributed Sources}}
{{Unattributed Sources}}


[[File:Myetherwallet.jpg|thumb|MyEtherWallet]]Boki019 used MyEtherWallet (MEW) to create a wallet. They transferred 205 ETH to this wallet, stored files and passwords offline, and didn't log in for a month. Despite these precautions and no signs of hacking or phishing, their ethereum was transfered, with no warnings or emails about withdrawals. They expressed frustration on Reddit about losing their mined ETH. The MyEtherWallet team responded a week before the post, stating that the OP had informed them about all their funds being transferred out. They suspected phishing and asked for the user's address and transaction details. They mentioned sending a standard phishing email for reference and assured the user they would investigate.
[[File:Myetherwallet.jpg|thumb|MyEtherWallet Logo/Homepage]]Boki019 used MyEtherWallet (MEW) to create a wallet. They transferred 205 ETH to this wallet, stored files and passwords offline, and didn't log in for a month. Despite these precautions and no signs of hacking or phishing, a few weeks later, their ethereum was transferred, with no warnings or emails about withdrawals. They expressed frustration on Reddit about losing their mined ETH. The MyEtherWallet team responded a week before the post, stating that the OP had informed them about all their funds being transferred out. They suspected phishing and asked for the user's address and transaction details. They mentioned sending a standard phishing email for reference and assured the user they would investigate.


This is a global/international case not involving a specific country.<ref name="reddit-11485" /><ref name="reddit-11486" /><ref name="reddit-11487" /><ref name="etherscan-11488" /><ref name="coinmarketcap-4651" />
This is a global/international case not involving a specific country.<ref name="reddit-11485" /><ref name="reddit-11486" /><ref name="reddit-11487" /><ref name="etherscan-11488" /><ref>https://old.reddit.com/r/ethereum/comments/5y4wg7/do_not_use_myetherwalletcom/</ref><ref>https://www.youtube.com/watch?v=uJOPpnJB4sI</ref>


== About MyEtherWallet ==
== About MyEtherWallet ==
MyEtherWallet is
"We are NOT a web wallet. We do not store your funds. We do not transmit your sensitive information (like your password or private key). We do not collect your information. You do not have an account with us. We simply give you a way to interact with the blockchain via our UI. We have carefully built MyEtherWallet in order to be as secure and anonymous as possible"
"We are NOT a web wallet. We do not store your funds. We do not transmit your sensitive information (like your password or private key). We do not collect your information. You do not have an account with us. We simply give you a way to interact with the blockchain via our UI. We have carefully built MyEtherWallet in order to be as secure and anonymous as possible"


"I recently created account on myetherwallet.com and transferred 205 ERH on freshly created wallet. as always, stored files and passwords in offline virtual machine and never used/logged until few days ago, when i saw ballance ZERO."
== About Boki019 ==
 
"I got no warning, no email , nothing regarding withdrawing ETH from my account/wallet.
 
I never went in wallet for a month, so hacking/phishing is out of question. ( also i am under firewall and Kaspersky.... maybe not enough, but offline virtual machine that i start only when I need it , and for minute or two , i think is good enough) Only time i logged is when i created and transferred 205 ETH on Jan 7. 2017, and second and las was on FEB 28. 2017. ETH was transferred on Jan 27. 2017. All can bee seen on blockchain....
 
I don't know if i forget something. This is my new account on Reddit, and i have to wait 30 days to post anything... :(
 
Please DONT use myetherwallet.com if You want Your money safe.... I was sleeping like a baby knowing my money is safe....o my God i was SOOOO wrong!!!!! There it goes my year of mining....."
 
"A week ago the OP emailed us saying all his funds were transferred out of his account. I told him to send me his address and TXs so I could look and add it to my list of accounts that have received stolen funds. I told him that this usually happens due to the user accessing a fake MyEtherWallet site. Aka phishing. I told him that my standard phishing email was included in the email because it has some good recommendations, but to send me his address anyways so I can check into it."
 
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:
Boki019 has TeamViewer installed on their computer<ref name="reddit-11486" />.


* Known history of when and how the service was started.
"I never went in wallet for a month, so hacking/phishing is out of question. ( also i am under firewall and Kaspersky.... maybe not enough, but offline virtual machine that i start only when I need it , and for minute or two , i think is good enough) Only time i logged is when i created and transferred 205 ETH on Jan 7. 2017, and second and las[t] was on FEB 28. 2017. ETH was transferred on Jan 27. 2017. All can bee seen on blockchain...."
* 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:
"I don't know if i forget something. This is my new account on Reddit, and i have to wait 30 days to post anything... :("
* 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 ==
== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:
Boki019's wallet setup clearly had a vulnerability which allowed
 
* 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 ==
== 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.
boki019's Ethereum wallet was emptied without his involvement.
{| class="wikitable"
{| class="wikitable"
|+Key Event Timeline - MyEtherWallet Unauthorized Transaction boki019
|+Key Event Timeline - MyEtherWallet Unauthorized Transaction boki019
Line 55: Line 28:
!Event
!Event
!Description
!Description
|-
|January 7th, 2017 8:42:48 AM MST
|boki019 Wallet First Transaction
|Boki019 stocks their wallet with an initial 5.29 ETH, the first transaction for their wallet<ref>[https://etherscan.io/tx/0x903d759011b65d52ec6c467f31a4e34246417b91a54c31861e863951df9465db Transfer Of 5.29 ETH into Boki019's Wallet - Etherscan] (Accessed Feb 10, 2025)</ref>.
|-
|January 7th, 2017 8:45:50 AM MST
|boki019 Wallet Second Transaction
|Boki019 stocks an additional 99.99 ETH into their wallet<ref>[https://etherscan.io/tx/0x13492912d58a54e67f6b11fb91f0f4e217183b213d37c97f228b789954e9fdb5 Transfer Of 99.99 ETH into Boki019's Wallet - Etherscan] (Accessed Feb 10, 2025)</ref>.
|-
|January 7th, 2017 8:48:32 AM MST
|boki019 Wallet Final Transaction
|Boki019 completed a final transfer of 99.990398 ETH into their wallet<ref>[https://etherscan.io/tx/0x130e903007af2cc529f59a9590d0747544b92c38c00fe2d431da8839b2ab3516 Transfer Of 99.990398 ETH into Boki019's Wallet - Etherscan] (Accessed Feb 10, 2025)</ref>.
|-
|-
|January 27th, 2017 9:56:09 AM MST
|January 27th, 2017 9:56:09 AM MST
|Ethereum Stolen
|Theft Transaction On Ethereum Blockchain
|Ethereum theft transaction on the blockchain.
|The full balance of 205.269537 Ethereum is swept from Boki019's wallet in this transaction on the blockchain<ref name=":0">[https://etherscan.io/tx/0x1ce1ee5debc52569c97f12a5f51d0a4f3a50521c1ce6ef96618e7456a67aa0ac Transfer of 205.269537 ETH From Boki019 To Alleged Thief] (Accessed Feb 10, 2025)</ref>. Boki017 is reportedly "sleeping like a baby knowing [their] money is safe"<ref name="reddit-11487" />.
|-
|February 28th, 2017
|boki019 Notices Funds Gone
|boki019 reports that they "logged" in and noticed their funds to be missing at this time<ref name="reddit-11487" />.
|-
|-
|March 7th, 2017 6:15:36 PM MST
|March 7th, 2017 6:15:36 PM MST
|Reddit Post
|Reddit Post
|Incident posted in new thread on Reddit.
|Boki019 starts a new Reddit thread with details of the incident<ref name="reddit-11487" />.
|-
|-
|March 7th, 2017 7:08:50 PM MST
|March 7th, 2017 7:08:50 PM MST
Line 71: Line 60:
== Technical Details ==
== 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?
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?
"I recently created account on myetherwallet.com and transferred 205 ERH on freshly created wallet. as always, stored files and passwords in offline virtual machine and never used/logged"


== Total Amount Lost ==
== Total Amount Lost ==
The total amount lost has been estimated at $2,000 USD.
The amount transferred from Boki019's wallet is 205.269537 ETH<ref name=":0" />, which was widely approximated to 205 ETH.


How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?
The total amount lost has been estimated at $2,000 USD.<ref name="coinmarketcap-4651" />


== Immediate Reactions ==
== 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?
boki019 did not notice the issue for 30 days from when the funds were transferred.
 
"I was sleeping like a baby knowing my money is safe....o my God i was SOOOO wrong!!!!! There it goes my year of mining....."
 
"I got no warning, no email , nothing regarding withdrawing ETH from my account/wallet."
 
"never used/logged until few days ago, when i saw ballance ZERO."


== Ultimate Outcome ==
== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?
"Please DONT use myetherwallet.com if You want Your money safe...."
 
=== MyEtherWallet Defends Themselves ===
"A week ago the OP emailed us saying all his funds were transferred out of his account. I told him to send me his address and TXs so I could look and add it to my list of accounts that have received stolen funds. I told him that this usually happens due to the user accessing a fake MyEtherWallet site. Aka phishing. I told him that my standard phishing email was included in the email because it has some good recommendations, but to send me his address anyways so I can check into it."


== Total Amount Recovered ==
== Total Amount Recovered ==
Line 106: Line 106:


== References ==
== References ==
<references><ref name="reddit-11485">[https://www.reddit.com/r/ethereum/comments/5y4wg7/comment/denzr62/ Reddit - Dive into anything] (Oct 15, 2022)</ref>
<references>
 
<ref name="reddit-11485">[https://old.reddit.com/r/ethereum/comments/5y4wg7/do_not_use_myetherwalletcom/denzr62/ mindgameproject - "Do you have teamviewer installed on your computer?" - Reddit] (Accessed Oct 15, 2022)</ref>
<ref name="reddit-11486">[https://www.reddit.com/r/ethereum/comments/5y4wg7/comment/deo0oo0/ Reddit - Dive into anything] (Aug 18, 2023)</ref>
<ref name="reddit-11486">[https://www.reddit.com/r/ethereum/comments/5y4wg7/comment/deo0oo0/ <nowiki>boki019 - "I have of course [got teamviewer installed on my computer]" - Reddit</nowiki>] (Accessed Aug 18, 2023)</ref>
 
<ref name="reddit-11487">[https://old.reddit.com/r/ethereum/comments/5y4wg7/do_not_use_myetherwalletcom/ boki019 - DO NOT USE myetherwallet.com - Reddit] (Accessed Aug 18, 2023)</ref>
<ref name="reddit-11487">[https://www.reddit.com/r/ethereum/comments/5y4wg7/do_not_use_myetherwalletcom/ Reddit - Dive into anything] (Aug 18, 2023)</ref>
<ref name="etherscan-11488">[https://etherscan.io/address/0xc7b2d9ecc4d433d79b917c30ceaffc66fa54baf3 Reported Theft Address - Etherscan] (Accessed Aug 21, 2023)</ref>
 
<ref name="coinmarketcap-4651">[https://coinmarketcap.com/currencies/ethereum/historical-data/ Ethereum History Market Data - CoinMarketCap] (Accessed Dec 21, 2021)</ref>
<ref name="etherscan-11488">[https://etherscan.io/address/0xc7b2d9ecc4d433d79b917c30ceaffc66fa54baf3 Address 0xc7b2d9ecc4d433d79b917c30ceaffc66fa54baf3 | Etherscan] (Aug 21, 2023)</ref>
</references>
 
<ref name="coinmarketcap-4651">[https://coinmarketcap.com/currencies/ethereum/historical-data/ https://coinmarketcap.com/currencies/ethereum/historical-data/] (Dec 21, 2021)</ref></references>

Latest revision as of 19:02, 12 February 2025

Notice: This page is a new case study and some aspects have not been fully researched. Some sections may be incomplete or reflect inaccuracies present in initial sources. Please check the References at the bottom for further information and perform your own additional assessment. Please feel free to contribute by adding any missing information or sources you come across. If you are new here, please read General Tutorial on Wikis or Anatomy of a Case Study for help getting started.

Notice: This page contains sources which are not attributed to any text. The unattributed sources follow the initial description. Please assist by visiting each source, reviewing the content, and placing that reference next to any text it can be used to support. Feel free to add any information that you come across which isn't present already. Sources which don't contain any relevant information can be removed. Broken links can be replaced with versions from the Internet Archive. See General Tutorial on Wikis, Anatomy of a Case Study, and/or Citing Your Sources Guide for additional information. Thanks for your help!

MyEtherWallet Logo/Homepage

Boki019 used MyEtherWallet (MEW) to create a wallet. They transferred 205 ETH to this wallet, stored files and passwords offline, and didn't log in for a month. Despite these precautions and no signs of hacking or phishing, a few weeks later, their ethereum was transferred, with no warnings or emails about withdrawals. They expressed frustration on Reddit about losing their mined ETH. The MyEtherWallet team responded a week before the post, stating that the OP had informed them about all their funds being transferred out. They suspected phishing and asked for the user's address and transaction details. They mentioned sending a standard phishing email for reference and assured the user they would investigate.

This is a global/international case not involving a specific country.[1][2][3][4][5][6]

About MyEtherWallet

MyEtherWallet is

"We are NOT a web wallet. We do not store your funds. We do not transmit your sensitive information (like your password or private key). We do not collect your information. You do not have an account with us. We simply give you a way to interact with the blockchain via our UI. We have carefully built MyEtherWallet in order to be as secure and anonymous as possible"

About Boki019

Boki019 has TeamViewer installed on their computer[2].

"I never went in wallet for a month, so hacking/phishing is out of question. ( also i am under firewall and Kaspersky.... maybe not enough, but offline virtual machine that i start only when I need it , and for minute or two , i think is good enough) Only time i logged is when i created and transferred 205 ETH on Jan 7. 2017, and second and las[t] was on FEB 28. 2017. ETH was transferred on Jan 27. 2017. All can bee seen on blockchain...."

"I don't know if i forget something. This is my new account on Reddit, and i have to wait 30 days to post anything... :("

The Reality

Boki019's wallet setup clearly had a vulnerability which allowed

What Happened

boki019's Ethereum wallet was emptied without his involvement.

Key Event Timeline - MyEtherWallet Unauthorized Transaction boki019
Date Event Description
January 7th, 2017 8:42:48 AM MST boki019 Wallet First Transaction Boki019 stocks their wallet with an initial 5.29 ETH, the first transaction for their wallet[7].
January 7th, 2017 8:45:50 AM MST boki019 Wallet Second Transaction Boki019 stocks an additional 99.99 ETH into their wallet[8].
January 7th, 2017 8:48:32 AM MST boki019 Wallet Final Transaction Boki019 completed a final transfer of 99.990398 ETH into their wallet[9].
January 27th, 2017 9:56:09 AM MST Theft Transaction On Ethereum Blockchain The full balance of 205.269537 Ethereum is swept from Boki019's wallet in this transaction on the blockchain[10]. Boki017 is reportedly "sleeping like a baby knowing [their] money is safe"[3].
February 28th, 2017 boki019 Notices Funds Gone boki019 reports that they "logged" in and noticed their funds to be missing at this time[3].
March 7th, 2017 6:15:36 PM MST Reddit Post Boki019 starts a new Reddit thread with details of the incident[3].
March 7th, 2017 7:08:50 PM MST Response By MyEtherWallet A MyEtherWallet developer responds 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?

"I recently created account on myetherwallet.com and transferred 205 ERH on freshly created wallet. as always, stored files and passwords in offline virtual machine and never used/logged"

Total Amount Lost

The amount transferred from Boki019's wallet is 205.269537 ETH[10], which was widely approximated to 205 ETH.

The total amount lost has been estimated at $2,000 USD.[11]

Immediate Reactions

boki019 did not notice the issue for 30 days from when the funds were transferred.

"I was sleeping like a baby knowing my money is safe....o my God i was SOOOO wrong!!!!! There it goes my year of mining....."

"I got no warning, no email , nothing regarding withdrawing ETH from my account/wallet."

"never used/logged until few days ago, when i saw ballance ZERO."

Ultimate Outcome

"Please DONT use myetherwallet.com if You want Your money safe...."

MyEtherWallet Defends Themselves

"A week ago the OP emailed us saying all his funds were transferred out of his account. I told him to send me his address and TXs so I could look and add it to my list of accounts that have received stolen funds. I told him that this usually happens due to the user accessing a fake MyEtherWallet site. Aka phishing. I told him that my standard phishing email was included in the email because it has some good recommendations, but to send me his address anyways so I can check into it."

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

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.

References

  1. ↑ mindgameproject - "Do you have teamviewer installed on your computer?" - Reddit (Accessed Oct 15, 2022)
  2. ↑ 2.0 2.1 boki019 - "I have of course [got teamviewer installed on my computer]" - Reddit (Accessed Aug 18, 2023)
  3. ↑ 3.0 3.1 3.2 3.3 boki019 - DO NOT USE myetherwallet.com - Reddit (Accessed Aug 18, 2023)
  4. ↑ Reported Theft Address - Etherscan (Accessed Aug 21, 2023)
  5. ↑ https://old.reddit.com/r/ethereum/comments/5y4wg7/do_not_use_myetherwalletcom/
  6. ↑ https://www.youtube.com/watch?v=uJOPpnJB4sI
  7. ↑ Transfer Of 5.29 ETH into Boki019's Wallet - Etherscan (Accessed Feb 10, 2025)
  8. ↑ Transfer Of 99.99 ETH into Boki019's Wallet - Etherscan (Accessed Feb 10, 2025)
  9. ↑ Transfer Of 99.990398 ETH into Boki019's Wallet - Etherscan (Accessed Feb 10, 2025)
  10. ↑ 10.0 10.1 Transfer of 205.269537 ETH From Boki019 To Alleged Thief (Accessed Feb 10, 2025)
  11. ↑ Ethereum History Market Data - CoinMarketCap (Accessed Dec 21, 2021)
Retrieved from "https://quadrigainitiative.com/cryptocurrencyhackscamfraudwiki/index.php?title=MyEtherWallet_Unauthorized_Transaction_boki019&oldid=6546"