I'm a 10+year BTC enthusiat and user, with deep knowledge of the value propositiona and functionalities.
Despite that, since I started accumalating BTC rather yound (over 10 year ago), I have always used a Electrum wallet that is considered "hot". Regardless, I have never had any security issues since I had every other precation to keep my keys etc. So the keys were mine, therefore the coins were also mine.
On Oct 28, the first day of my vacation, I had a goal to myself to setup and Tails + Electrum cold wallet to keep on holding my BTCs - I never sell, only buy.
Everything went smoothly, I made several tests before commiting to send the whole amount of BTC I had to the cold wallet - I tested sending funds to the watch wallet and then sending it back to the hot one, etc. No problems at all and it was fairly easy to do it myself.
I was finally ready to sending the remaning BTC and move forward to enjoy my vacation. It was 0.85, roughtly 90% of what I had.
I had both my watch wallet and the hot opened, expecting the moment I finished the transaction, it would be accounted in the watch wallet - I did not happen.
I checked the adress multiple times, the watch address supposed to receive the BTC was:
bc1qnjtc6qwqshq7s8swfh8ww0lv63pt4t6mku6537
https://preview.redd.it/xf6obt2kulyh1.png?width=1092&format=png&auto=webp&s=a10d9a083633cf420a0c0b0bdfb0af2240bcc319
I checked it multiple times and it was the correct one assinged in the hot wallet, as per the "failed" transaction:
https://preview.redd.it/110nj33pulyh1.png?width=1903&format=png&auto=webp&s=2f0239119f82c58cc49a24b7aae97118b1e24acf
For some reason I can't explain, when I tried to execute the transaction, I reamined as "local" in the history. Trying to figure it out, I opened the transaction details, checked the address again (all correct), and got a message that the fee was too low and the network was not pushing it through.
Therefore, since we were talking about my life long savings, I bumped the fee through Electrum RBF, clicked ok again and then....the receiving address changed it self without me realizing it (how could I after checking it multiple times???). It changed to one that ends exactly the same as the one I inteded to send.
https://preview.redd.it/g16yrl05vlyh1.png?width=795&format=png&auto=webp&s=cab733831e08dc80d7b485b4c1f14c976e49b3e4
It took me a while to understand what had happened. I then went online and realized that this is a recent hack that was discovered.
HOW COULD ELECTRUM NOT PUT DOWN HIS OLD VERSION AND LET THIS UNACCEPTABLE BREACH KEEP GOING?
I lost over 10 years of diligent savings to a scammer, and electrum allowed that, even though they knew this could happen.
THis shouldn't happen to a over 10 year user... but yet it did.
After that, I still understand that FIAT is not viable, but how can BTC be if in a matter of seconds I lost my family's retirement plan?
I don't know what to do... to be honest that is nothing I can do...
Just wanted to share this sad sad story of a person that believed BTC and lost everything for that.
submitted by /u/Rortherina[link] [comments]