Well, folks, it happened again. A co-founder of THORChain, in what can only be described as a tragic, classic case of “I forgot to secure my wallet,” had a hefty $1.35 million swiped from a neglected MetaMask wallet. The culprits? A hacked Telegram account, a fake Zoom meeting, and a whole lot of incompetence. News outlets and on-chain detectives confirmed the theft, because, you know, blockchain doesn’t lie.
THORChain: Multi-Stage Scam
The drama kicked off when an associate’s Telegram account was hacked, leading to a malicious meeting link being spread. The unsuspecting target, as one does, clicked on the link and entered what seemed like a perfectly normal video call. Surprise! The call was faker than a $3 bill.
Once inside the fake meeting, the attackers got cozy with the victim’s iCloud Keychain and browser profile, swiping private keys tied to an old wallet. The result? A loss of around $1.35 million in crypto. Oh, and the victim didn’t even sign a malicious transaction. The malware did all the heavy lifting.
$1.35M was stolen from a Thorchain cofounder. Yet another reminder: if your keys are stored in a software wallet, you’re only one malicious code execution away from losing everything.
In this case, the victim didn’t even sign a malicious transaction, the malware simply stole the…
– Charles Guillemet (@P3b7_) September 12, 2025
Investigators And On-Chain Sleuths Chime In
Blockchain investigators sprang into action faster than a caffeine-fueled detective on a murder mystery. They tracked the funds and reported their findings on social media. Early on-chain sleuths estimated the value of the theft at around $1.2 million, but by the time the dust settled, it was pegged at $1.35 million. How’s that for precision?
As for the culprits? Some clever analysts pointed fingers at North Korea-linked actors, based on their oh-so-distinct patterns of behavior. But let’s not rush to conclusions-it’ll take a little more time to confirm that, as always.
#PeckShieldAlert A @thorchain user’s personal wallet was exploited, resulting in a loss of ~$1.2M
– PeckShieldAlert (@PeckShieldAlert) September 12, 2025
Security Community Issues Warning
Meanwhile, the crypto security community is having a collective “I told you so” moment. The message is loud and clear: Treat remote meeting links and unsolicited file requests with the deepest possible caution. We’re talking 1000 levels of suspicion, folks.
One senior wallet developer shared a gem of wisdom: Storing private keys in cloud-synced software? Not a great idea. If malware gets into your cloud accounts, well, good luck with that. It’s basically handing over the keys to the kingdom on a silver platter.

And just like that, the warning was everywhere-across developer forums, security feeds, and, of course, every “I told you so” post on Twitter.
THORSwap Offers Bounty To Recover Funds
In a desperate (but commendable) move, a related project, THORSwap, offered a bounty to track down the stolen funds. The community, not missing a beat, started tracing transactions like Sherlock on a sugar high. When the money is out there, it’s just a matter of time before someone finds it. Public appeals and bounties have become the norm in these scenarios. Think of it as the crypto version of a reward poster, but with more tech-savvy people involved.
Wider Pattern Of Deepfake And Zoom Scams
This isn’t a one-off incident, folks. No, this is part of a larger, ever-growing epidemic of fake video calls, deepfakes, and impersonation schemes. Criminals are now using AI to make scams more convincing than ever, leaving victims to wonder if they were actually talking to a real person or just another deepfake.
One earlier case saw millions wiped from corporate accounts using similar tactics. If there’s one thing we know, it’s that no one is safe from a malicious Zoom call. Not even the crypto elite.
So here’s the takeaway: If you’re storing crypto in a software wallet and taking Zoom calls from strangers, maybe-just maybe-rethink your life choices. 🙄
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2025-09-13 09:27