Weird... I took out a small amount of BTC from Coinbase Pro, generated a new receiving address in Electrum, and as soon as the transaction came in, the BTC was transferred to an address which I do not control...

Here is the withdrawal transaction:


And here the one that sent the BTC out:


I really do not understand, I have also imported the receiving address into bitcoind, which is still syncing.

Any help would be highly appreciated.

  • 1
    There have been fake versions of Electrum that steal money. What is the version number you have and what website did you get it from? Nov 5, 2021 at 9:41
  • I got it from electrum.org, it was version 4.1.5 Nov 5, 2021 at 10:01
  • Have you verified the GPG signatures from an independent source? Nov 5, 2021 at 10:09
  • Yes, I did. This is why I really do not understand how this was possible. Nov 5, 2021 at 10:10
  • And also, the outgoing transaction appeared at the very same time as the incoming transaction, with 0 confirmations. What I noticed, is that a much higher fee was paid for the outgoing one. Nov 5, 2021 at 10:11

2 Answers 2


I can't answer on the why and the how, but when you focus on the receiving address (1CfaunqrVpcXmpLheUVWeSP1KPsKDha1Nb), there is some weird things.

  1. You can find it in some presentation about "what blockchain is?" > What is blockchain

  2. You can also find it on some powerpoint presentation about "Blockchains transforming the domain industry" where you can see that typing some domain name can route a payment to an address (this one was taken as example). Unstoppable Domains

This address is often used as an example in websites and presentations.

Is there any chance it was on your clipboard, following a copy from.. somewhere? You can search it on a random search engine to see by yourself.

  • I noticed that this address was around the net, also, I noticed that the first transfer towards this address was from 1BoatSLRHtKNngkdXEeobR76b53LETtpyT, another well known address (vanity), but to answer your question, no, I did not have them in my clipboard... Nov 6, 2021 at 10:44
  • Also, I inserted my newly generated address into the Coinbase Pro transfer dialog, as you can see from the transaction details. I am not really a newbie in crypto, but this one just left me speachless... Nov 6, 2021 at 11:51
  • Yes, for the clipboard, I was thinking about your computer, where you have electrum. Nov 7, 2021 at 1:04
  • No, I did not have anything in the clipboard except the newly generated receiving address. Nov 7, 2021 at 8:04

I think you can download a Coinbase cold wallet. You don't need to install Electrum at all. In that case, a handling fee will be incurred. If you don't understand, you can easily lose your coins.

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