My friend contacted me, since I know slightly more about crypto than him, but I’d consider myself low-level of knowledge on the subject, and new wallets.

He said he had ~80k USD that he had transferred to his wallet. He woke up one day, and saw all the money had been transferred out of his account. He had a 12 word security key on the account, and I thought this was supposed to be extremely secure.

A – Is the 12 word key more hackable than I’ve been led to believe?

B – Is there any chance of recovering the funds? If so, through Phantom or a recovery service of some kind?

C – Is it possible to track the IP address of the login which accessed his account, in an attempt to recover the funds?

Thanks in advance to anyone who might be willing to help me get a grasp on the situation!

submitted by /u/nomadicmitch [link] [comments]r/CryptoCurrencyRead More

You might also be interested in reading Joe Biden drops out of United States presidential race.