June 13, 2023

Wallet Rescue in Action: Case studies

Another milestone for Hackless, as we recently granted private access to Wallet Rescue, our new service that helps users recover compromised funds from hacked cryptocurrency wallets on both ETH and BSC networks. Powered by sophisticated transaction bundles, a preliminary stimulation function, and private mining technology, the recovery application has already helped several hacked individuals. In this blogpost, we take a look at some cases where the tool has already been used to rescue funds.

What is Wallet Rescue? 

Wallet Rescue, as the name suggests, was created to assist in recovering funds from hacked or compromised wallets. All assets remaining in accounts linked to hacked wallets, such as staking rewards, vested tokens or NFT’s, can be extracted with the help of our application. We offer a unique solution to those who have fallen victim to bots that immediately transfer any funds sent to your hacked wallet address. 

Using this technology, recently known as Conductor, we’ve saved more than $700,000 in beta. And now, we’ve packed it into a user-friendly and intuitive application that has been tested in private access and helped several users from our community, both big accounts (over six figures), as well as some smaller players (with only a few hundred dollars), demonstrating its efficiency. These results solidify our commitment to building safer and more reliable blockchain support for those who require more security in the blockchain space.

Successful Case studies

As we tested our service, word quickly spread, and several users presented themselves with their hacked wallets in the hope of saving assets from their hacked wallets that were seemingly lost. We will take a closer look at three different case studies of successful recoveries using our service.

Metamask Phishing Client

An unfortunate client had a frustrating experience when he visited a malicious phishing website and had his wallet drained. A hacker was able to steal BNBx LP tokens from his wallet, leaving our user in a desperate situation. 

In the hopes of retrieving the stolen assets, the client reached out to admins of projects where he had staked assets to seek their help in recovering them.

Unfortunately, the client was contacted by fake admins and fell victim to not only losing his LP tokens, but also having a sweeper bot connected to his wallet which quickly cleaned out all incoming transactions.

Knowing that the client still had a few vestings and staked tokens linked to the wallet, he reached out to us. With the help of Wallet Rescue, our client was able to retrieve the remaining staked assets and secure them from being stolen by ill-intended hackers.

Read his full story here.

Sweeper Bot Client

Another unfortunate client was devastated when he found out that his wallet had been hacked. The client had lost most of his cryptocurrency, but luckily had Merit Circle (MC) and Illivium (ILV) that were still locked in smart contracts. 

In order to save the funds, we provided access to the Wallet Rescue application, along with a personalized user manual to guide the client through the necessary transactions. As the user learned more about our service, we assisted him in setting up the necessary transactions, patiently working through any points that were confusing.

The client was able to save 1044 MC ($325)  and was also able to recover 2.23 ILV ($120), which had been transferred to a secure wallet in his own control. (Screenshots)

Merit Circle (MC), amount 1044 MC

Illuvium (ILV), amount 2.23 MC

"I lost my coins due to my own mistakes and naivety, and felt terrible because they belonged to my family and friends. The hacker took all I had but forgot about my staked tokens. I found Hackless and they explained to me how their application worked. I entered the necessary information, launched the app, and within a blink of an eye, the coins were in my secure wallet. Thanks to them, I was able to recover my coins with no trouble at all."

Amasa Client Rescue

We also recovered seemingly unattainable tokens for a client whose wallet had been compromised, causing him to lose access to a significant portion of his cryptocurrency portfolio. The client was still aware that they had over 525,000 Amasa (AMAS) staked tokens, worth around $4,651.5, but couldn't find a way to access them.

After analyzing his wallet history, we were able to help the client with the specific input of the correct transactions, and within only a few hours, he was able to successfully retrieve a large portion of his portfolio to a secure location with full control over the funds.

The client felt reassured that there are still people who do good in this space and stated that all crypto investors who may have lost access or are unable to access their positions would benefit from Wallet Rescue.

Transaction Flow Client

How to access Wallet Rescue?

Currently, Wallet Rescue is open for private access through our Discord channel. However, it will be publicly launched very soon, and be accompanied by exciting activities for our community members. Follow the updates on our new Twitter Account.

Conclusion

The crypto space may be not a safe place sometimes, because of the sheer number of scams and frauds operating. Hackless is here to make it safer and help users avoid hacks and save their funds. Wallet Rescue is an easy-to-use and proven tool that has received a warm welcome and positive reviews from the crypto community. Now that you know about Wallet Rescue, feel free to share your knowledge or become a part of the Hackless community by joining us on Twitter and Discord.

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