Monero community wallet loses all funds after attack


The incident happened on September 1st, but it was okay Disclosure Monero developer Luigi released it on GitHub on November 2. According to him, the source of the violation has not yet been determined.

The CCS wallet was depleted of 2,675.73 XMR (full balance) just before midnight on September 1, 2023. The hot wallet used to pay contributors has not been affected yet; its balance is approximately 244 XMR. To date, we have not determined the source of the breach.

Monero’s Crowdfunding System (CCS) funds members’ development proposals. Monero developer Ricardo “Fluffypony” Spagni noted in this thread: “This attack is irrational because they took away funds that contributors could have used to pay rent or buy food.”

Luigi and Spagni are the only two people with access to the wallet’s mnemonic phrase. According to Luigi’s post, the CCS wallet was established on Ubuntu systems in 2020, along with the Monero node.

To pay community members, Luigi has been using the hot wallet available on the Windows 10 Pro desktop since 2017. Hot wallets are funded by CCS wallets when needed. However, on September 1st, the CCS wallet was depleted of funds through 9 transactions. Monero’s core team calls on mutual funds to repay their current debt.

According to other developers, the leak may have originated from wallet keys available online on Ubuntu servers.

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