Melbourne bitcoin trader loses $70,000 to hacker

Melbourne bitcoin trader loses $70,000 to hacker

Mr Lee said the hacker took about five hours to access his company’s domain passwords through his Gmail, and sent a request from Mr Lee’s work email to his chief technology officer (CTO) for 100 bitcoins.

A Melbourne bitcoin trader says he was targeted by a hacker and tricked out of about $70,000 worth of bitcoins after the US Marshals Service accidentally leaked his email details.

Mr Lee said the hacker was unable to access the company’s bitcoin reserves because of security protocols, but he was unlucky they were able to trick his staff into sending the 100 bitcoins.

Read more here: ABC


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