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TLBL Whale Hack: $50M or $26M? Reports Disagree on Loss Size

Coinfomania reports whale TLBL lost over $50 million in a compromised-key breach, while Crypto Economy reports the breach itself drained about $26 million, with $50.3 million being the combined total including a prior 2024 phishing loss.

Original AltcoinGordon illustration for: TLBL Whale Hack: $50M or $26M? Reports Disagree on Loss Size
Original illustration, drawn for this story by AltcoinGordon.

Coinfomania reports whale TLBL lost over $50 million in a compromised-key breach, while Crypto Economy reports the breach itself drained about $26 million, with $50.3 million being the combined total including a prior 2024 phishing loss.

What all sources agree on

  • A whale known as TLBL suffered a loss due to a compromised private key.
  • TLBL had previously lost $24 million in a phishing attack in 2024.
  • The recent theft involved assets drained across three wallets.
  • The incident was reported via blockchain analytics platform Lookonchain.

Where the reports disagree

1Size of the loss attributed to the recent private-key compromise

The whale TLBL lost over $50 million due to a compromised private key.

Coinfomania

A private key compromise hack stole more than $26M from three wallets linked to whale TLBL, who had already lost $24M in 2024.

Crypto Economy

What would settle it: On-chain transaction records for the three drained wallets, or Lookonchain's original tracking data.

2Whether the $50M figure represents the recent breach alone or a combined total of two incidents

Whale TLBL has reportedly lost over $50 million in a security breach involving compromised private keys, according to a tweet by @lookonchain.

Coinfomania

The combined total of both losses amounts to approximately $50.3 million, according to tracking conducted by Lookonchain.

Crypto Economy

What would settle it: Lookonchain's original tweet and accompanying on-chain data breaking down the two incidents separately.

What to make of it

Treat the underlying event—a private-key compromise affecting whale TLBL following an earlier $24 million phishing loss—as established, but the size of the newest loss, and whether the widely cited $50M figure refers to that loss alone or to the two incidents combined, remains unresolved.

Treat the underlying event—a private-key compromise affecting whale TLBL following an earlier $24 million phishing loss—as established, but the size of the newest loss, and whether the widely cited $50M figure refers to that loss alone or to the two incidents combined, remains unresolved.