MyEtherWallet Unauthorized Transaction boki019: Difference between revisions
(COMPLETE 30 Minutes. Fixed image caption text. All sources expanded and formatting improved. Relocated information from the about section to other sections of the article. Added loss event description. Reviewed and incorporated all blockchain-related information and the February 28th check into the timeline.) |
(COMPLETE 30 minutes. Fixed description and typo. Updated The Reality section. Updated transaction of Ethereum. Added new explanation. Reference update.) |
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{{Case Study Under Construction}}{{Unattributed Sources}} | {{Case Study Under Construction}}{{Unattributed Sources}} | ||
[[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, their ethereum was | [[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" /> | 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" | ||
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Boki019 has TeamViewer installed on their computer<ref name="reddit-11486" />. | Boki019 has TeamViewer installed on their computer<ref name="reddit-11486" />. | ||
"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 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... :( | "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 == | == The Reality == | ||
Boki019's wallet setup clearly had a vulnerability which allowed | |||
== What Happened == | == What Happened == | ||
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|January 7th, 2017 8:42:48 AM MST | |January 7th, 2017 8:42:48 AM MST | ||
|boki019 Wallet First Transaction | |boki019 Wallet First Transaction | ||
|Boki019 stocks their wallet with an initial 5.29 ETH, the first | |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 | |January 7th, 2017 8:45:50 AM MST | ||
| Line 44: | Line 39: | ||
|January 7th, 2017 8:48:32 AM MST | |January 7th, 2017 8:48:32 AM MST | ||
|boki019 Wallet Final Transaction | |boki019 Wallet Final Transaction | ||
|Boki019 completed | |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 | ||
|Theft Transaction On Ethereum Blockchain | |Theft Transaction On Ethereum Blockchain | ||
|The 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>. | |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 | |February 28th, 2017 | ||
|boki019 Notices Funds Gone | |boki019 Notices Funds Gone | ||
|boki019 | |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 | ||
| | |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 112: | Line 107: | ||
== References == | == References == | ||
<references> | <references> | ||
<ref name="reddit-11485">[https:// | <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/ <nowiki>boki019 - "I have of course [got teamviewer installed on my computer]" - Reddit</nowiki>] (Accessed 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:// | <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="etherscan-11488">[https://etherscan.io/address/0xc7b2d9ecc4d433d79b917c30ceaffc66fa54baf3 Reported Theft Address - Etherscan] (Accessed Aug 21, 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="coinmarketcap-4651">[https://coinmarketcap.com/currencies/ethereum/historical-data/ Ethereum History Market Data - CoinMarketCap] (Accessed Dec 21, 2021)</ref> | ||
</references> | </references> | ||
Latest revision as of 19:02, 12 February 2025
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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.
| 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
- ↑ mindgameproject - "Do you have teamviewer installed on your computer?" - Reddit (Accessed Oct 15, 2022)
- ↑ 2.0 2.1 boki019 - "I have of course [got teamviewer installed on my computer]" - Reddit (Accessed Aug 18, 2023)
- ↑ 3.0 3.1 3.2 3.3 boki019 - DO NOT USE myetherwallet.com - Reddit (Accessed Aug 18, 2023)
- ↑ Reported Theft Address - Etherscan (Accessed Aug 21, 2023)
- ↑ https://old.reddit.com/r/ethereum/comments/5y4wg7/do_not_use_myetherwalletcom/
- ↑ https://www.youtube.com/watch?v=uJOPpnJB4sI
- ↑ Transfer Of 5.29 ETH into Boki019's Wallet - Etherscan (Accessed Feb 10, 2025)
- ↑ Transfer Of 99.99 ETH into Boki019's Wallet - Etherscan (Accessed Feb 10, 2025)
- ↑ Transfer Of 99.990398 ETH into Boki019's Wallet - Etherscan (Accessed Feb 10, 2025)
- ↑ 10.0 10.1 Transfer of 205.269537 ETH From Boki019 To Alleged Thief (Accessed Feb 10, 2025)
- ↑ Ethereum History Market Data - CoinMarketCap (Accessed Dec 21, 2021)