Bitcoin Dev's Bitcoin Stolen?

𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
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In this video, I discuss Bitcoin Core developer Luke Dashjr's Bitcoin getting stolen.

This was not a Bitcoin hack or vulnerability. Rather, it appears that Luke was storing his Bitcoin private keys in some form of hot wallet, or with encrypted keys being held on a vulnerable server.

Large holdings of Bitcoin should always instead be held in cold storage, using either single sig or multi-sig.

Never let your private keys or recovery seed (12 or 24 words) touch the internet.

Not investment advice! Consult a financial advisor.

The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7...

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC...

Bitcoin Core:
https://bitcoin.org/en/bitcoin-core/

Luke Dashjr:
https://en.bitcoinwiki.org/wiki/Luke_...

Luke alerts the world re his PGP:
https://twitter.com/LukeDashjr/status...

Luke Bitcoin transactions:
https://mempool.space/tx/432ded946431...
https://mempool.space/tx/c38a3210fbb7...
https://mempool.space/tx/4b3cde50e2bc...
https://mempool.space/tx/50df1eab0bf2...

Final balance at thief's address:
https://mempool.space/address/1YAR6op...

Luke's server accessed in November 2022:
https://twitter.com/LukeDashjr/status...

Peter Todd asserts that Luke's loss is real:
https://twitter.com/peterktodd/status...

Luke may not have had a recovery seed:
https://twitter.com/LukeDashjr/status...

Is this a Bitcoin vulnerability?
https://twitter.com/mosspuppet/status...

Udi gives bad advice re self-custody:
https://twitter.com/Pledditor/status/...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#bitcoin
#crypto

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