MetaMask Wallet Hacked Wal_gh

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MetaMask

Reddit user Wal_gh reports that 1.3 ETH was taken from their MetaMask wallet. The attacker attempted to cash out the funds on another exchange platform. The exact cause is unknown.

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

About MetaMask

"i live in germany by the way"

"well i used metamask and i really regret it, my account was hacked and i cannot understand how did they do that cuz i m always carefull about security.

the hacker has sent 1,3 eth to another wallet and i tracked the distribution of my stolen money. the funny thing is that the hacker have did an exchange into real money. please i need your experience and your help. and even if its impossible to get my money back,can someone tell me how do they did it ( its not about phishing ). anyway im still alive and thats matter."

"Best course of action is to follow the funds and report those wallets associated with them to the CEX they deposited it in. Also alert other cex of these wallets. Hope that helps in finding some solace in this tragedy"

"My guess that its random phrase generators that are populating. Yours happen to be one, having a hardware wallet like Trezor or ledger is vital for security. Dont give these scum any more help. Protect your money like its YOUR LIFE!!"

"Contact the exchange. You may need to have a a lawyer or police officer help you with that." "sure i did, it take a while they said"

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 - MetaMask Wallet Hacked Wal_gh
Date Event Description
April 11th, 2021 4:22:07 AM MDT Reddit Post Incident was 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 $3,000 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