Yesterday, cryptocurrency community on the world, expecially on Twitter and Reddit, talked a lot about Ian Balina, a successful and influential ICO investor, has been hacked to lose a token worth more than 1 million $$$.

The incident was reported on official Twitter of Ian Balina at 3 pm GMT on April 16. Ian announced that his coded wallet was hacked during a live stream to review an ICO.

5 days ago, Ian Balina shared his portfolio image on Twitter, with DRN, WABI, OST, ICX, NAS, RHOC, ABT, POWT, QSP, ZRX, BRD, EOS, NEO / BTC tokens. , FLIXX, HST, KNC, NCASH, WAN, LOOM, ETH, PARETO, POA, NPXS, and AION, totaling about 2.91 million $$$.

Ian Balina frequently shares his portfolio, profits and losses with the community. Maybe Ian's account has been tracked for a long time.

How was Ian's Ethereum wallet hacked?

Ian admits that he failed to assess his ability to block the risk. "I'm not worried about the money. I learned a lesson", he wrote.

Nhà đầu tư triệu phú giải thích mình đã bị hack như thế này:

University's email is in my Gmail recovery email list. I received an email about the violated and tried to follow the security of the university to resolve it, but could not handle it quickly, and eventually ignored it because it was just old email.

I keep the private key code in Evernote and encrypt with the password. I think they (hackers) hacked my email via university email, then hacked the Evernote account.

So, can summarize the process of hacker like this: Hack to university email, which is poor security -> Access to gmail by email recovery -> Access to Evernote by Gmail -> Hack password of Evernote to get Privatekey -> Access the ETH wallet and transfer the whole money away.

Where did the money go?

Hacker has transferred money through several intermediaries wallets (Ian announced but deleted to avoid hackers wary) and had some informations that tokens were transferred to Kucoin and Binance.

Here is the wallet address of Ian Balina:

• https://etherscan.io/address/0x2cd7e2e65bb6ef5f233f9dea83736cf8195fe70d#tokentxns
• https://etherscan.io/address/0xeca2592e788c76f2e3cd4eb6ffcdbe5cf8141c72#tokentxns
• https://etherscan.io/address/0x20f2ce82c28b726930a9b476503df7b814335642#tokentxns

Here is the wallet address of hacker:

• https://etherscan.io/address/0x2b353bff3b33dc8314e7757cb3d7415016044c98#tokentxns
• https://etherscan.io/address/0x20f2ce82c28b726930a9b476503df7b814335642#tokentxns
• https://etherscan.io/address/0x518880545a0182f77be334790af35bfdcca9c239#tokentxns

Allegations

The incident took place a few days before the US tax return, sparked a wave of questioning that Ian Balina manipulated the hack into a tax-free deal.

Ian Balina received attention because publicly announcing an investment from $ 90,000 raised up to $ 4 million and quickly attracted more than 100,000 followers on Twitter and Youtube. Although the market is in down trend but the investment is still profitable with more than $ 2 million.