The FBI has reportedly subpoenaed Brink Exec for information on a Bitcoin incident related to Dashjr's hack

The US Federal Bureau of Investigation (FBI) has reportedly issued a subpoena seeking personal information from attendees at a 2022 event for Bitcoin core developers.

The move was made public by Mike Schmidt, co-founder of the Bitcoin non-profit organization Brink, who explained that the subpoena is related to allegations made by BTC developer and Ocean mining pool co-founder Luke Dashjr regarding the theft of more than 200 Bitcoins BTC in a hack.

Event participants get caught in the crossfire

Schmidt revealed that he received the FBI subpoena as part of the investigation into Dashjr's claim. In particular, information was requested about the attendees of the October 2022 CoreDev Atlanta event, which took place shortly before TABConf 2022. Schmidt mentioned that legal counsel had advised him to comply with this.

The subpoena requested participants' first and last names, GitHub usernames, and email addresses, with the stated purpose of verifying Dashjr's claim. Schmidt, under the guidance of legal counsel, stuck to the demand, even though it included a confidentiality clause that expired a year later, shortly before the disclosure.

The Brink co-founder criticized Dashjr for failing to protect his own Bitcoin holdings. By publicly disclosing the theft of its Bitcoin, Dashjr inadvertently exposed conference attendees to FBI scrutiny, resulting in their personal information being exposed to authorities.

“The guy who wants to tell you how to use Bitcoin couldn't even secure his own Bitcoin and as a result, the FBI scammed everyone at a conference he attended. Good job, Luke!”

Dashjr's Bitcoin theft worth $3.3 million

Dashjr announced on December 31, 2022 that its funds were stolen as a result of a Pretty Good Privacy (PGP) key compromise. Developed by Phil Zimmermann in 1991, PGP is a data encryption and decryption program that provides cryptographic privacy and authentication for data communications and is generally used in email and digital signatures as well as for encrypting files.

During this period, the value of the stolen BTC was around $3.3 million. However, with the market rally and subsequent price explosion due to spot Bitcoin ETFs as well as the upcoming halving, the supply would be worth over $14 million.

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