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On December 27, Reddit user u/normal_rc reported that Electrum's wallet had been hacked and that nearly 250 bitcoins (243.6 BTCs, nearly $1 million) had been maliciously stolen, coinelegraph reported. Electrum then confirmed that the attack included creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is a persistent phishing attack on Electrum users" and warned users not to download Electrum from any source other than the official website.

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Recently, Microstable online monitoring of a group of foreign hackers since 2015, began to register adtool.tech, jam-software.xyz, robomirror.xyz, electrum-wallet and other phishing host management tools Bitcoin wallet website domain name, used to spread bundled backdoor tool software, once users download from these sites adtool, robomirror, electrum and other tools, will be the host cryptocurrencies-related data back to the hacker's C.C. server.