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Scammers May Be Targeting Mt. Gox Bitcoin Address Holding $8.7 Billion in BTC Through Phishing Attempts

2025-07-08 23:12:22

Scammers May Be Targeting Mt. Gox Bitcoin Address Holding $8.7 Billion in BTC Through Phishing Attempts

Main Idea

Scammers are targeting Mt. Gox's dormant Bitcoin wallet holding $8.7 billion using the OP_RETURN feature to embed phishing URLs, exploiting the exchange's historical collapse.

Key Points

1. Scammers are using Bitcoin's OP_RETURN feature to embed phishing URLs in transactions linked to Mt. Gox's $8.7 billion wallet.

2. The Mt. Gox exchange collapse in 2014 resulted in the loss of 850,000 BTC, with most funds remaining dormant.

3. The trustee has recovered around 140,000 BTC and aims to compensate creditors with roughly 90% of their lost funds.

4. Experts advise crypto holders to verify embedded URLs/messages and use hardware wallets and multi-factor authentication for security.

5. The attack highlights ongoing risks associated with dormant wallets and blockchain-based scams.

Description

Scammers are targeting a Bitcoin address holding $8.7 billion in BTC stolen from the infamous Mt. Gox exchange through a sophisticated phishing attempt. The attack involves sending transactions with OP_RETURN

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