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Over $1 Million Stolen Fund: ICO Influencer Ian Balina Revealing Identities Of Hackers

Respected cryptocurrency influencer, investor and YouTuber, Ian Balina, whose nothing less than $1 Million fund was stolen in a wallet has come out on Twitter to throw light into the April hack which many pointed was cooked by him to evade tax.

Ethereum World News had earlier reported that Ian Balina claimed the fund was carted away by unknown hackers, who, according to Balina, requested he change his college email after receiving notification that it was compromised. In the email, it appeared the hacker got access to Balina’s Evernote account where he kept the text versions of his private keys as encrypted text files with passwords.

The ICO pundit has said he was unperturbed, but will do everything within the confine of the security to see that the perpetrators are brought to book.

In a fresh indication, which twiterrati noted is a major step towards identifying the hackers, Balina first said the hackers work under a group by the name “Lizard Squad”, before pointing that hackers “Veri and Doc” are majorly on security operative’s radial.

“We believe it was a hacker group going by the name “Lizard Squad.” They’ve been behind numerous attacks on other people and companies in the crypto space. We’ve received intel the same hackers are responsible for hacking Bithumb exchange.”

“Correction, not Lizard squad. Independent hackers that are rivals. Hackers by the names veri & doc are persons of interest. Others helping launder money.”

He said the hackers have access to AT&T tools and phone carrier employees on payroll, which they are using to get pins to phone number accounts.

“Numerous people in investor networks are now getting hacked by them via phone/SIM swaps. They’re paying employees at phone carriers like @ATT, @TMobile, etc. for employee login info via the dark web.”

Earlier, Balina in a conversation with Gizmodo made known that the hackers have been identified.

“I’ll be ready to talk when the criminal has been arrested. We have identified who did it and this is a lot bigger than me. Other big names in crypto have been hacked by this criminal. Currently working with FBI, that’s all that I can say. The allegations that I would pull a stunt like this publicly for tax evasion is completely ludicrous. Any attempts to write anything regarding those lies will be met with legal action.”

While assuring crypto lovers that the hackers are going to be apprehended, he said International law enforcement is actively monitoring every single move they make, and will make sure they are fished out in no time.


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Notable Cryptocurrency Influencer Ian Balina Loses Over $1 Million To Hacker

Ian Balina, respected cryptocurrency investor and YouTube influencer have stated on his social media pages that he has been hacked over $1 Million. While Balina remains uncertain about the actual cause of the hack, he stated that the only clue he has was that he’s requested to change his college email after receiving notification that it was compromised.

“This is how I think I got hacked. My college email was listed as a recovery email to my Gmail. I remember getting an email about it being compromised, and tried to follow up with my college security to get it resolved, but wasn’t able to get it handled in fast manner and gave up on it thinking it was just an old email.”

Ian said he kept text versions of his private keys in his Evernote as encrypted text files with passwords, he however stated that his email and Evernote were hacked through the college email.

“I kept text versions of my private keys stored in my Evernote, as encrypted text files with passwords. I think they hacked my email using my college email, and then hacked my Evernote.”

While lamenting on the loss, Ian averred he was not moved, but he’s seeking to arrest the notorious hacker, and possibly bring him to book. In in this wise, he gave the details of the hacker seeking that the crypto community be on the look out to apprehend the evil perpetrator.

“Hey Crypto Family, I need you now more than ever. I had to end today’s live stream abruptly because I am being hacked. I need your help tracking the funds being sent off from these Ether wallet addresses.”

He gave two his addresses as:

As well, he highlighted three ETH Wallets belonging to the hacker:

Hacking is becoming a normal activity in the cryptocurrency space. Notable influencers have been hacked and stripped off their hard-earned wealth in the past. Exchange platforms and even cryptocurrency platforms were robbed as well. One very callous hacking that the cryptocurrency community will never forget is the Coincheck $530 million cryptocurrency heist, which encapsulated first enormous cryptocurrency hacking estimated to be $400 million in bitcoin stolen from Mt Gox in 2014.

Hacking is a punishable offense under the computer status, however, hackers remain unmoved despite stiff penalties placed on the illegal act.