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933All-time rank
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ShapeShift

Apr 7, 2016

$230K
Lost
$230K
Recovered
$0
Net loss
$230K
Unrecovered0% recovered

Between March-April 2016, ShapeShift suffered three separate thefts totaling ~$230K. An employee stole $130K in mid-March, then after dismissal sold security credentials to external hackers who stole an additional $100K (154 BTC, 5,800 ETH, 1,900 LTC).

No customer funds were lost as ShapeShift used a non-custodial architecture.

Target
CEX
Classification
Key Compromise
Technique
Private Key Compromised
Attribution
Unknown
Chains
Bitcoin

Event timeline

  1. Apr 7, 2016
    Exploit executed — $230K drained via private key compromised
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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