How to Lose $3.4 Billion in ETH by making stupid mistakes 😮
🤣 No rugs, no hackers. Just user errors, and broken contracts.
Hundreds of thousands of ETH coins are stuck in old multi-sig wallets that can never be recovered. Some smart contracts were so badly coded they locked $321M worth of ETH forever 🤭
One person lost access to 250k ETH by misplacing their private keys. Others sent millions to the wrong address and watched it disappear.
😂 And here is the best one: at least $100 million worth of ETH was sent straight into burn addresses like 0x0 and 0xdead, so that means people just decided to burn their money.
This is what self-custody looks like when things go wrong. No refunds. No undo button 😞
