Category_Thin Jewelry Cabinet Seed Phrase Theft
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Category_Thin is a Reddit user who stored their Ethereum seed phrase along with other valuables in their jewelry cabinet. They report that someone broke into their house and took the whole cabinet. Insurance will not cover the loss.[1][2][3]
About None
"I live in NJ"
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.
| Date | Event | Description |
|---|---|---|
| April 18th, 2021 9:19:21 AM MDT | Posted To Reddit | Incident was shared on Reddit. |
Total Amount Lost
The total amount lost has been estimated at $447,000 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
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
- ↑ Yikes- lost my metamask seed phrase. : CryptoCurrency (Sep 21, 2022)
- ↑ Yikes- lost my metamask seed phrase. : CryptoCurrency (Apr 7, 2023)
- ↑ Category_Thin comments on Yikes- lost my metamask seed phrase. (Apr 7, 2023)