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The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding them to check the authenticity of the client's source before logging in. The team published its official website, and the Electrum clients downloaded elsewhere may be problematic.

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In addition, small partners who have used Electrum wallets should be aware that with Thecret phrase generated by Electrum, we can recover bitcoin keys on any browser using the Bitcoin Wallet web tool. And Electrum is so secure that there is no evidence that the distributed attack prevention system designed by Dark Wallet will be due to Electrum.

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According to Cointegraph, users broke the news on social media that a group that was carrying out a malicious hacking attack on the cryptocurrency wallet Electrum had stolen nearly 250 BTCs (about $937,000). It was later confirmed by Electrum that the attack included creating a fake version of the wallet to trick users into using password information.