Digital Asset
Intelligence
Security Incident · ETH Ecosystem

Fireblocks Operation error: $75.00M Reported Loss

·Historical incident record

Incident Overview

According to Calcalist, the cryptocurrency company StakeHound has filed a lawsuit against the institutional security company Fireblocks, claiming that ETH worth 245.5 million Israeli new shekels (approximately US$75 million) was lost due to Fireblocks’ mistakes. StakeHound stated that as Fireblocks deleted the key for no reason without backing up the key, 38,178 ETH were lost.

Sources & References

Original incident referencehttps://www.calcalistech.com/ctech/articles/0,7340,L-3910671,00.html (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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