Coinomi multi-asset wallet poor implementation leads to sharing your plain-text passphrase with a third-party server. My passphrase was compromised and $60K-$70K worth of crypto-currency were stolen because of Coinomi wallet and how the wallet handled my passphrase. I’m disclosing this issue publicly because Coinomi refused to take the responsibility and all my attempts through private channels have failed.

My first written statement:

https://www.avoid-coinomi.com

My second written statement:

https://avoid-coinomi.com/second_statement.html

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Time line:

0:05 Introduction

0:56 Technical Explanation

1:08 Simple Example

3:30 Legal Implications

8:37 Thoughts Towards Google

10:50 Proof of My Stolen Assets

19:40 Coinomi Responses & Behavior

29:55 Advice to Users

32:19 Lessons Delivered

32:40 My Demands

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Links:

Ivan on Tech explaining the vulnerability:

https://www.youtube.com/watch?v=5WgD8YOqfLM

Meme Link (Duke Leto):

https://twitter.com/dukeleto/status/1100696093673824256

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Follow me:

Twitter - https://twitter.com/warith2020

Facebook - https://www.facebook.com/warith.almaawali

Instagram - https://www.instagram.com/warith77/

Google Plus - https://plus.google.com/+WarithAlMaawali

Linkedin - https://www.linkedin.com/in/warith1977

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Credits:

! ◆ Cartoon Character and Youtube art:

pixabay

https://pixabay.com/

! ◆ Music by:

Alex Lisi

Horror-Suspense Music [Royalty Free] Haunted Places - Alex Lisi

https://www.youtube.com/watch?v=CwdFIt4TTEI

http://alexlisi.xyz/RoyaltyFree

! ◆ Intro Video by:

Videezy

https://www.Videezy.com

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I am not a financial adviser and this is not financial advice.