Crypto Community Donates 0.7 BTC To The Victim Of Phishing Scam Who Lost Entire Bitcoin Savings
Crypto Community Donates 0.7 BTC To The Victim Of Phishing Scam Who Lost Entire Bitcoin Savings
June 15, 2020
Crypto Community Donates 0.7 BTC To The Victim Of Phishing Scam Who Lost Entire Bitcoin Savings
Crypto Community Donates 0.7 BTC To The Victim Of Phishing Scam Who Lost Entire Bitcoin Savings
June 15, 2020

Crypto community members have donated 0.7 BTC to the victim of a phishing scam who lost 12 Bitcoins (BTC), the entirety of the investor’s holdings that had been accumulated over seven years.

On June 12, it has been reported that Eric Savics, the host of Protocol Podcast, tweeted that he has lost his entire Bitcoin savings after entering the seed phrase for his hardware wallet into a malicious imposter of KeepKey’s app from the Google Chrome store.

However, Savics stated that he had hoped to purchase an apartment in future by using the funds.

He further stated:

“All of my savings are gone, I have zero Bitcoin.”

At current prices, Savics’ Bitcoin stash was more than $110,000.

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Likewise, Savics’ post attracted sympathetic words from leading figures in the crypto industry, including:

Other onlookers opted to donate BTC to Savics, with Twitter user OrangeDog responding:

“Eric can you post a BTC address? I will donate some to get your balance off zero.”

As per the report, Savics’ wallet has received almost 0.709 BTC, worth around $6,650 at current prices. Savics has pledged to return the donated Bitcoin to its senders after he recovers the lost funds.

Thus, on the other hand, Nouriel Roubini, the prominent crypto critic and economist, also noticed Savics’ post by tweeting:

“1 of the 1000s of daily scams in Bitcoin/Shitcoins world. THERE ZERO SECURITY IN SHITCOIN LAND! Billions lost daily to such scams & crypto robberies. If anyone steals my credit card or bank account info I get 100% refunded with a 1 min call.”

Source: Cointelegraph | Image: Adam Braun


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
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