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Security Incident · ETH Ecosystem

Fireblocks Operation error: $75.00M Reported Loss

·Historical incident record

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.

Reported loss
$ 75,000,000
Attack category
Operation error

Incident Overview

StakeHound stated that as Fireblocks deleted the key for no reason without backing up the key, 38,178 ETH were lost.

Sources & References

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.