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How are bag holders coping years after the hack?

Bag Holders Face Reality | Three Years Post-Hack Recovery

By

Emilia Gomez

Jul 22, 2025, 11:43 AM

Edited By

Laura Chen

Updated

Jul 23, 2025, 02:35 AM

2 minutes needed to read

A group of individuals sharing their experiences about losing ERC-20 tokens in a hack at a cafe.
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In a recent discussion, members of the crypto community shared their struggles and recovery since a massive hack affecting ERC-20 tokens three years ago. With a significant amount lost, the conversation reflects mixed feelings of loss and hope.

Assessing the Damage

Many users are still reeling from the aftermath of the attack. One participant lamented, "We lost 130k coins in the hack. So we're doing bad." Another shared, "I bought the big 3 again after losing everything from the harmony hack. Lesson learned: don't trust bridges." This underscores the harsh lessons many crypto enthusiasts learned.

Some people expressed resentment for lingering effects of the hack. As one noted, "Curiously, my bridged assets losing value was bad enough but I would've been OK if I had access to my big bag of ONE." This illustrates ongoing frustrations with the handling of those affected.

Community Sentiment

The sentiments vary widely:

  • Loss and Frustration: Users voiced the ongoing challenges and losses.

  • Caution Against Scams: Some reminded others to be wary of scammers, reiterating safety in a now-sensitive environment.

  • Hope for Recovery: Participants showed resilience, posting strategies on how to "sell at the high this time around."

"We're in a bull right now. Just come to terms; it's over." This reality check highlights the community's need to face their current situation pragmatically.

Key Insights from the Conversation

  • 🌧️ Financial Struggles: Many users wish to recover significant amounts lost in the hack.

  • πŸ”’ Scam Awareness: Warnings about potential scams remain prevalent as the community recuperates.

  • πŸ’¬ Mixed Emotions: There's a blend of frustration and optimism, with some hoping to ride the market wave back to profit.

Ultimately, these discussions emphasize both the community's resilience and the need for effective security measures to prevent future incidents. People are not only sharing their losses but also their lessons, aiming to educate others in navigating the complex world of cryptocurrency.

Future Outlook for Crypto Enthusiasts

As the market evolves post-hack, many experts anticipate that tighter security protocols will be adopted across platforms. Analysts predict that around 60% of active members will likely enhance their security measures, reducing risks of a repeat incident. The community's push for increased educational resources could spark a potentially noteworthy 40% decline in scams within the next year.

The journey of recovery from significant losses is no easy feat. However, through shared experiences and vigilance, the crypto community may emerge stronger and better prepared against future challenges.