Crypto Robin Hood, the mysterious figure who has been stealing millions of dollars worth of cryptocurrency and donating it to charity, struck again on Wednesday – this time taking $50 million from a group of victims who just want their money back.
“Phineas Phisher” allegedly stole the cryptocurrency from a number of exchanges and wallets, including Binance, Coinbase, and Kraken. He then announced his plans to donate the funds to various charities, including the Electronic Frontier Foundation, the Tor Project, and WikiLeaks.
The latest heist took place when Robin Hood emptied a liquidity pool of assets for stablecoins USDC and Cashio, leaving investors with nothing. Among the victims was 25-year-old Blaine, who had invested $50,000 of a stablecoin called USD Coin (USDC) into the pool just nine days prior.
“I had put $50,000 of a stablecoin, USD Coin (USDC), into a liquidity pool of assets for stablecoins USDC and Cashio nine days prior, but when I tried to take my money out on Wednesday it was worth nothing,” Blaine said. “Months from getting his law school degree, Blaine, 25, had invested all the money that he had made from trading NFTs over the past year in the hopes of putting it toward starting a life with his fiancé.”
Although Robin Hood claims to donate the stolen cryptocurrency to charity, victims like Blaine just want their money back.
“I don’t care about some charity getting my money – I just want what I rightfully earned back,” Blaine said. “This whole incident has been a huge wake-up call for me and has made me realize that you can’t trust anyone – not even someone who claims to be doing good.”
Like Blaine, many of the victims of the hack are not so charitable. Many have taken to social media to demand their money back, accusing the hacker of being a fraudster and a thief.
Some have even gone so far as to offer rewards for information leading to the arrest of the hacker. Unfortunately, their efforts were fruitless and the thief remains at large. However, the victims have not given up hope and are still trying to find a way to get their money back.
In the meantime, they are warning others about the dangers of investing in cryptocurrency and urging them to be cautious when dealing with any online exchanges.
If you have been a victim of crypto theft, there are some things you can do to try and get your money back. You can report the theft to the police and you can also try to track down the thief yourself.
However, it is important to remember that these thieves are often very good at what they do and it is unlikely that you will be able to get your money back. The best thing you can do is to learn from your mistake and be more careful in the future. Take care of your crypto investments.
