Bitcoin Dev's Bitcoin Stolen?

𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

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=rTIl7TKEowg&ab_channel=TraderUniversity

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

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

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

Luke alerts the world re his PGP:
https://twitter.com/LukeDashjr/status/1609647203890372609

Luke Bitcoin transactions:
https://mempool.space/tx/432ded946431a9612f09d73bd15ded045d11d1095ffdfe8d68306ea9b2e78930
https://mempool.space/tx/c38a3210fbb758cfc41d9a64b7534b83aecca96f051231f15545e8e5c7365190
https://mempool.space/tx/4b3cde50e2bce3d02e15b61957d2452e29f53d9a99e1ab14e83b6ec0f87fd851
https://mempool.space/tx/50df1eab0bf2bd01999cea4fc531a65c17e1a285823c9ae4eab0feb7e21a11b6

Final balance at thief's address:
https://mempool.space/address/1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa

Luke's server accessed in November 2022:
https://twitter.com/LukeDashjr/status/1593227756841578496

Peter Todd asserts that Luke's loss is real:
https://twitter.com/peterktodd/status/1609655629903265795

Luke may not have had a recovery seed:
https://twitter.com/LukeDashjr/status/1609868077146972160

Is this a Bitcoin vulnerability?
https://twitter.com/mosspuppet/status/1609869065866121216

Udi gives bad advice re self-custody:
https://twitter.com/Pledditor/status/1609714154885058566

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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