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NGRAVE Traces Stolen Bitcoin to 12 Addresses After Wallet Phishing

Image: TokenPost

NGRAVE has traced stolen Bitcoin (BTC) into 12 addresses after fake LIQUID security alerts led wallet users to disclose recovery credentials, adding detail to a theft estimated at $2.56 million. Bitcoin accounted for about $1.77 million of the traced losses. Another $454,000 in XRP moved through 54 transfers, while losses in Ethereum-based assets totaled about $316,000. The estimate covers roughly 70 wallet addresses at Oct. 17 prices. NGRAVE is still checking other networks and customer reports. The transaction details extend the earlier account of the $2.56 million theft . LIQUID is the companion app for NGRAVE’s ZERO hardware wallet. The attackers gained access to an outside provider used to send LIQUID notifications. At about 5:30 p.m. ET (21:30 UTC) on Oct.

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