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Bitcoin News

Mt. Gox Era Wallet With 80,000 BTC Attacked Via OP_RETURN Message

Written By Luqman Luqman
Fact Checked by Jahnu Jagtap Jahnu Jagtap
Published 2025-07-09·Updated 12 months ago
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Mt. Gox Era Wallet With 80,000 BTC Attacked Via OP_RETURN Message

An Mt. Gox-era BTC wallet has become the target of phishing attacks using the OP_RETURN function. The attack is linked to the OG Bitcoin address 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF, which holds around 79,956 BTC believed to have been stolen from Mt. Gox. At the current BTC price. This holding is valued roughly $8.7 billion based on the current BTC price.

On the Bitcoin blockchain, OP_RETURN is an operation code that lets users embed data into transactions. In this case, attackers seem to be using it to send messages by including small amounts of BTC with links or bait messages—likely trying to lure the wallet owner into visiting a malicious site.

OP_RETURN message
OP_RETURN message, Source: Mempool

The messages are sent in different formats but all lead to a website impersonating Salomon Brothers, a defunct Wall Street investment bank. 

This scam scheme has also been flagged by BitMEX, which reported that the webpage displays the message, “This digital wallet appears to be lost or abandoned. Our client has taken constructive possession of it and is seeks to determine if there is a bona fide owner”. The site then presents a web form asking the user to submit personal information. 

The goal appears to be to extract personal information from the wallet’s owner by pretending to be a legitimate financial platform. 

Regarding the authenticity of the phishing website attached to the OP_RETURN message, Salomon Brothers is no longer active under that name, after it merged with Citicorp to form Citigroup.

However, there have been past attempts to revive the “Salomon Brothers” brand—for example, some alumni tried to rebrand it as Salomon Encore, although Citigroup retained the rights to the original name, as reported by Bloomberg. The rebranded firm used the domain salomonencore[.]com, which now redirects to salomonbros[.]com. Despite this, there has been no official confirmation that Salomon Encore has reverted to using the “Salomon Brothers” name.

Attempts to verify the ownership of the subpage /owner_notice on salomonbros[.]com have been unsuccessful. All signs suggest that the webpage is fraudulent.

The crypto space has seen several attacks over the years, resulting in the loss of massive amounts of digital assets. One of the most infamous is the Mt. Gox incident.

Mt. Gox was a major crypto exchange that operated from 2010 to 2014. It collapsed after claiming it had been hacked, with over $400 million worth of BTC lost. This left thousands of users stranded without access to their funds—until recently, when over 200,000 BTC was recovered from a “forgotten” wallet that was previously assumed to have been emptied by the hackers. 

Events like this highlight just how important it is for crypto holders to stay vigilant. Phishing may seem like an old trick, but it still works, especially when it’s dressed up in new tactics like this.

Also Read: Feds Charge Two Men in $650M Global Crypto Fraud Scheme

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)
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Luqman Abdulkabir- Crypto Journalist at The Crypto Times
By Luqman
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Luqman Abdulkabir is a Crypto News Writer with 5 years of experience covering cryptocurrencies, consumer technology, AI, gaming, and software. He holds a Bachelor of Science in Materials Science and Engineering and also has a Digital Marketing Certification, giving him a strong mix of technical and content expertise. Luqman focuses on breaking down complex topics and trends in the crypto space to keep readers informed and up to date.
Jahnu Jagtap
By Jahnu Jagtap
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Jahnu Jagtap is a Senior Crypto Research Analyst at The Crypto Times, based in Ahmedabad, India. He leads the publication's technical research desk, tracking daily market momentum, Ethereum network realized profits, institutional capital flows (such as ETF inputs and major fund performance), and SEC tokenization frameworks. All advanced on-chain analysis and macro-policy developments pass through his desk to guarantee empirical precision before publication. Jahnu holds professional certifications in Blockchain and Its Applications from SWAYAM MHRD and Cryptocurrency from Upskillist. His deep immersion in live blockchain data and quantitative market cycles has shaped his meticulous approach to technical verification and structural editing on multi-layered macro stories.

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