Microsoft Outlook Emails Hacked, Thousands Of Bitcoin Stolen

Microsoft Outlook email users got their emails hacked in a successful attempt to steal crypto including bitcoin. The hackers got a hold of the users’ accounts and the initially reported losses in the coming altcoin news, seem to be expanding further.

Jevon Ritmeester, a Dutch engineer, says that the hackers gained access to the Microsoft Outlook accounts via the login credentials of the customer support workers. The hacker later used the information to go over Ritmeester’s emails and managed to reset the passwords and get all of the bitcoin savings from his accounts on multiple crypto exchanges. The engineer is now furious of how Microsoft handled the hack attack calling them negligent. So far, he lost about $5,200. Ritmeester wrote:

“The hackers also had access to my inbox, allowing them to password-reset my Kraken account and withdrawal [sic] my bitcoin.’’

The Dutch engineer explained that the hackers followed a forwarding protocol so each time one of his emails had the word ‘’Kraken’’ in it, the Microsoft Outlook would automatically forward that particular email to a secretive Gmail account which belonged to the hackers. He also made clear that he will not be able to recover his stolen bitcoin ever.

Other victims of the Microsoft Outlook scandal shared similar experiences. For example, Shinratechlabs, a Reddit user, pointed out that he lost about ‘’25,000 in crypto as a result of the data breach but didn’t explain further. He also says that he is angry about how easy it was for the hackers to gain control over the Microsoft accounts. He wrote:

 “Lost 25,000 in crypto. Hackers didn’t have my credentials. They just had access to the content of my emails. Didn’t need passwords. Just put in password change requests. Verified the email confirmation links. Any confirmation they needed they had access to.”

As the latest cryptocurrency news writes, the victims are outraged of getting their crypto stolen and are even madder of how Microsoft managed the entire scandal. During the Microsoft Outlook emails breach, the company made clear that only the metadata and customer information was affected and nothing more. Jevon Ritmeester says he will file a police report and will hold Microsoft accountable.