PSA: Recently came across a post in r/ledgerwallet on a user being hacked. But no one knows for sure how it was done. Here's the link: https://np.reddit.com/r/ledgerwallet/comments/1aonk6r/1eth_stolen_from_ledger/
Can someone help to decipher this hacker's way of stealing funds from wallets?
Hacker's address: 0xdf05a927799d906d81a3b238c8cf60fa12518a84
After analyzing the address, it may be due to one of the causes (or a mix of it) below.
- Phishing Attack (seed phrase leaked to hacker);
- Smart Contract vulnerability (i.e. "SetApprovalForAll" function);
- Private key was generated by the hacker himself and was given to the user without the user realizing it.
Curious to know what are your thoughts.
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