John McAfee’s Removes ‘unhackable’ Tag From Bitfi Wallet After it was Hacked Again
The so-called John McAfee “unhackable” Bitfi wallet has been hacked again. It looks too as though BitFi has admitted defeat on this one.
McAfee Team released a statement that they would be removing the “unhackable” tag from their marketing materials in response to the security of the device being compromised by user @spudowiar on Twitter.
“Effective immediately, we will be removing the “unhackable” claim from our brand which has caused a significant amount of controversy,” the tweet read. “While our intention has always been to unite the community and accelerate the adoption of digital assets worldwide, we realize that some of our actions have been counterproductive to that goal.”
Bitfi, along with McAfee firmly believed the wallet was unhackable, that is until a team known as “THCMKACGASSCO” managed to remove all funds stored on the wallet which was left unmodified (as per the bounty’s request).
One team member, Saleem Rashid posted evidence of the hack on Twitter:
on a completely unrelated note, here is a @Bitfi6 being cold boot attacked.
it turns out that rooting the device does not wipe RAM clean. who would have thought it!?
— Saleem “Unhackable” Rashid (@spudowiar) August 30, 2018
With this key, the funds are up for grabs — but now the bug bounties have been closed, it remains to be seen whether or not Bitfi will pay up.
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