Hacker Nets over $500,000 after Hacking Enigma before ICO Date

Last month, CCN reported on CoinDash’s ICO being hacked. Hackers managed to change the address on its website and made over $9 million. Now, despite not making as much money, a hacker managed to compromise Enigma before its ICO in a similar way, and has netted over 1,500 Ether (over $500,000) from the community.

Enigma, a project started by MIT graduates whose ICO was scheduled for September, didn’t lose any money itself, as the hacker only managed to get his hands on the company’s website, mailing list, and Slack group.

After the hacker managed to compromise Enigma’s social accounts, he started to send emails and post Slack messages to urge the community to send funds to his Ethereum address claiming Enigma opened its pre-ICO. In sent emails, according to reports, the hacker stated it had a hard cap set at $20 million. The email read:

“Hello All,
We are pleased with the enormous support we have gotten in the last couple of weeks. The Enigma team has decided to open the Pre-Sale to the public. The hard cap for this pre sale will be 20 Million. Please note that tokens will be calculated and distributed based on how much the Pre-Sale raises.”

After being compromised, the Enigma team quickly warned the community and news of the hack spread fast. Nevertheless, about 200 transactions were made. At press time, the hacker has already started moving its Ether to various other addresses.

Source: https://www.cryptocoinsnews.com/hacker-nets-over-500000-after-hacking-enigma-before-its-ico-date/