F2Pool Co-founder Wang Chun Reports Significant Private Key Breach Affecting 490 BTC in 2024

A critical security incident has come to light involving F2Pool's co-founder Wang Chun, who revealed that a substantial portion of his cryptocurrency holdings fell victim to unauthorized access in 2024. The situation emerged when Wang Chun identified potential irregularities with his private key infrastructure and decided to investigate through a deliberate test mechanism.

**The Testing Process and Key Findings**

To determine whether his security credentials had been compromised, Wang Chun executed a strategic verification method by transferring 500 BTC to an address he suspected had been infiltrated by malicious actors. This controlled experiment yielded troubling results: the attacker successfully extracted 490 BTC from the transferred amount, while curiously leaving behind 10 BTC.

**Implications of the Private Key Compromise**

The partial withdrawal—leaving exactly 10 BTC untouched—raises interesting questions about the attacker's intentions and methods. Rather than draining all available funds, the hacker's decision to leave a portion suggests either a technical constraint, a deliberate message, or an attempt to avoid immediate detection. This keybreach incident underscores the persistent vulnerability of even sophisticated users within the cryptocurrency ecosystem.

The fact that F2Pool's co-founder experienced such a security event highlights that even those deeply embedded in blockchain infrastructure are not immune to sophisticated attacks targeting private key material and wallet security protocols.