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Hannah Collymore

F2Pool co-founder says 490 BTC vanished after test transfer to suspected hacked wallet

Wang Chun, co-founder of Bitcoin mining pool F2Pool, recounted a 2024 incident where he reportedly sent 500 BTC into a wallet he believed was compromised to test if it was under hacker surveillance, resulting in the loss of 490 BTC. He shared this story after a separate December 20 phishing case in which a user mistakenly transferred about 50 million USDT in an address poisoning attack and is now working with law enforcement to recover the funds. The Ethereum Community Foundation has urged wallets and explorers to stop truncating addresses with dots, arguing that this interface choice unnecessarily increases the risk of such scams.
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