Monero Community Crowdfunding Wallet Drained of $460K in Cryptocurrency
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Monero's community crowdfunding wallet was drained of its entire balance of 2,675 XMR (worth ~$460K) on Sept 1.
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The cause of the breach is still unknown. Only 2 people had access to the wallet seed phrase.
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The wallet was set up in 2020 on an Ubuntu system. A hot wallet on Windows was used for payments.
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Monero's core team is asking the General Fund to cover current liabilities from the breach.
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The breach may be related to ongoing attacks since April compromising various crypto keys.