Coinomi Addresses Spellcheck Vulnerability, Accuses Victim of Bitcoin Extortion
CN [TL;DR]'s original article for www.ccn.com reduced by 44%
CCN earlier reported that Coinomi wallet had a confirmed bug that allowed Google to view the details of a user's seed phrase. According to Coinomi's own blog post on the subject, CCN and social media users wrongly characterized the transmission of seed phrases. The team in charge of that plug-in had pushed a patch fixing the error on the same day Coinomi first heard of it.
Coinomi goes on to disclose the tactics used by the alleged victim, Warith Al Maawali. On 22nd February 2019, I noticed that more than 90% of my Exodus wallet assets were transferred to multiple wallet addresses and the first transaction began with BTC on 19th February 2019 around 3:30 am UTC. Then followed by ETH, LTC and finally BCH.
Again, the statement comes with no evidence, despite the user providing evidence of most of his other claims. During these days, Warith Al Maawali repeatedly refused to disclose his findings and kept threatened to take this public if we didn't pay right away the ransom of 17 BTC which would make up for the "Hacked" funds that are possibly still controlled by him . Coinomi acknowledges that there was a bug, but they don't believe it actually lead to the loss of any funds.
Still, Coinomi's behavior towards the user is questionable.
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CN [too long; didn’t read]
Summarised crypto news.