Jake Gallen

Social Engineering

Estimated loss

$100.0K

VERDICT —OUT OF SCOPE

Root cause is social engineering — privileged personnel deceived into authorizing the drain. Contract behaved as written. Defense lives in process controls (multi-party approval, M-of-N signoff windows), not in smart-contract review.

▰ METHOD

SOCIAL ENGINEERING

SOCIAL-ENGINEERING

Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Jake Gallen, CEO of digital asset trading platform Emblem Vault, was hacked after a suspicious Zoom video call, resulting in the loss of over $100,000 worth of Bitcoin and Ethereum. The attacker posed as a YouTube content creator with over 90,000 subscribers and exploited Zoom’s default remote access settings during the interview to install malicious software named “GOOPDATE” on Gallen’s computer. Attack method (per SlowMist): Social Engineering. Reported loss: $ 100,000.

Primary source

https://www.panewslab.com/zh/sqarticledetails/8uw580kk.html ↗

Sourced from

slowmist

Technical record