How Morphohack Helped Recover €356,000 After the CoinMarketCap Hack

Cryptocurrency offers freedom—no banks, no middlemen, and full control in your hands. But with that freedom comes real risk. This is the story of how one seasoned investor lost everything in a matter of minutes—and how a fast, expert response from Morphohack helped him recover it all.

It’s a cautionary tale—and a reminder that even in crypto, recovery is possible.

Pietr’s Story: From Secure to Scammed in Minutes

Pietr had been in crypto since 2018. He’d seen it all: bear markets, bull runs, rug pulls. He kept most of his portfolio in an on-chain wallet, used cold storage, and avoided centralized exchanges as much as possible. He was cautious, experienced, and trusted tools like CoinMarketCap to track prices and tokens.

But in March 2025, that trust was exploited.

CoinMarketCap had rolled out a new “token rewards” tracker that required wallet integration. Pietr connected his wallet as usual—no popups, no weird redirects, and seemingly standard permissions. Everything looked normal.

Unbeknownst to him, CoinMarketCap had been hacked. Attackers had injected malicious code into the site’s wallet integration scripts. When Pietr approved what looked like a routine connection, he unknowingly gave hackers full access to his wallet.

€356,000—Gone in Under 10 Minutes

Pietr realized something was wrong when transactions started firing off from his wallet—ones he hadn’t approved. Before he could react, over €356,000 in Bitcoin and Ethereum was gone. His life savings and retirement fund, vanished in less time than it takes to make a coffee.

Blockchain records showed the attackers moved the funds through multiple wallets, broke them into smaller pieces, and used mixing services to cover their tracks. As Pietr later said, “It was like watching my future disappear in real time.”

CoinMarketCap Admits the Breach—But Offers No Help

A day later, CoinMarketCap acknowledged the breach. Their statement confirmed wallet scripts had been compromised, but they made one thing clear: they weren’t responsible for user losses.

“Users are responsible for authorizing wallet connections,” the statement read. “CoinMarketCap does not hold user assets.”

Pietr reached out to exchanges, security firms, even his wallet provider—but no one could help. The answer was always the same: crypto transactions are irreversible.

He was devastated. He assumed it was over.

Then Came a Lifeline: Morphohack

While venting to a friend, Marco, Pietr mentioned what happened. Marco had his own crypto horror story—losing $70,000 to a Telegram scam—and had worked with a recovery firm called Morphohack to get his funds back.

Morphohack had a real team: blockchain analysts, cybersecurity experts, and legal partners. They operated with real protocols and a track record of results.

Pietr agreed to a consultation.

The Recovery Begins

Morphohack took the case seriously from the first contact. They quickly collected critical data:

Wallet addresses and transaction hashes

Browser history and plugin info from the hacked session

MetaMask logs

IP activity and digital signature metadata

Their team tracked the stolen funds through Ethereum-based mixers and two centralized exchanges in Eastern Europe and Southeast Asia. One portion—worth nearly €178,000—was still sitting in a wallet that hadn’t yet been fully laundered.

Within 24 hours, Morphohack issued emergency freeze requests to the exchanges. Armed with clear blockchain evidence and ties to known laundering networks, they got the wallet frozen just in time.

98% Recovery in Just Three Days

Morphohack didn’t stop there. Over the next 48 hours, they traced the remaining assets through a DeFi bridge, using forensic timestamping and bot-assisted sweeps to follow token conversions and match them to new wallet addresses.

By day three, nearly all the stolen funds—98%—had been recovered and secured in a brand-new cold wallet with hardened security protocols.

“I still can’t believe it,” Pietr said. “Three days earlier I thought it was all gone forever. Morphohack gave it back.”

Lessons from the CoinMarketCap Hack

Pietr’s story highlights crucial lessons for every crypto user:

Phishing isn’t always obvious. Even trusted platforms can be compromised.

Wallet approvals = power. Always double-check what you’re granting access to, and regularly revoke unused permissions.

Crypto can be recovered. Fast action and the right expertise can make the difference.

Cold storage is essential. Never leave large sums exposed through hot wallets.

What Makes Morphohack Different

Morphohack isn’t just another crypto recovery service—they stand out for their transparency, speed, and technical precision. Their team includes:

Blockchain forensic analysts

Ethical hackers

Legal compliance professionals

Cybersecurity engineers

They’ve worked with exchanges across Europe, Asia, and North America—and in 2024 alone, they helped recover over €39 million in stolen assets, with a success rate over 90% in cases where timely data was available.

Reach Morphohack via E-mail: [email protected]

Final Thoughts: From Loss to Recovery

Today, Pietr is back in the market—but with more caution than ever. He now stores most of his assets offline, carefully vets every dApp, and helps others stay informed about crypto’s hidden risks.

But more importantly, he’s proof that all is not lost—even in the worst-case scenario.

“Without Morphohack,” Pietr says, “I’d have written that money off. They didn’t just give me back my savings—they gave me peace of mind.”