Victim of phishing attack on Base lost 500,000 USDC and publicly posted on-chain message demanding funds be returned within 24 hours with police report filed.
Security & Exploits ·
A wallet holder on the Base network publicly broadcast an on-chain message claiming to be the victim of a phishing attack that resulted in the loss of approximately 500,000 USDC. The message, posted from the affected address, identified a specific transaction and demanded return of the stolen funds within 24 hours, stating that a police report had already been filed and legal authorities were involved.
The victim asserted possession of on-chain and device-related evidence and threatened further legal action if the funds were not returned to the original address. The message was directed at the receiving address of the transaction in question, framing it as a direct appeal to the party that received the transferred USDC.
It remains unclear whether the phishing attack exploited a known vulnerability, how the attacker gained access to the victim's credentials or keys, or whether any funds were subsequently returned. The effectiveness of on-chain public messages as a recovery mechanism for stolen crypto assets is largely undocumented, and the outcome of any police investigation or legal proceedings cannot be inferred from the public statement alone.