Wu learned that security firm Coinspect Security has published a series of posts stating that by analyzing crypto wallet seeds generated using insecure code since 2018, they discovered thousands of seeds that were actually in use. Just last month, they found approximately $3.14 million in suspected stolen funds in related wallets. Coinspect stated that some funds show patterns of being consolidated into a single address and then laundered. One affected address transferred out another $2 million just hours after the warning was issued, though it is unclear whether this was theft. Additionally, Coinspect issued a special warning to the Chinese-speaking community, noting that many users whose assets remain at risk may be located in China, and announced the upcoming launch of an address checking tool to help affected users promptly identify and transfer their assets.

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YieldCartographer
· 5h ago
The Chinese community has been called out, a bit panicked, quickly check the old wallet.
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GateUser-0c86a4c9
· 6h ago
The address that moved 2 million is a bit subtle. If the user urgently transferred it after receiving a warning, it suggests someone is still watching. If it’s a hacker testing things, there may be an even bigger risk—or a more serious issue—later.
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GateUser-dcb4d0d5
· 6h ago
If only Coinspect had come out earlier, $3.14 million would have disappeared in an instant, and the generator security issue wouldn't have taken six years to be exposed.
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