The history behind the rescue of the hacked Counterparty assets (Issued April 2014) by Joe Looney:
That same year, Looney’s private key was leaked following a security bug. His assets were then held hostage by the hacker who set up a bot which automatically drained any BTC sent to the address turning it into a honeypot.
https://xchain.io/address/1JX7Z9Si6tUQgFa4PLNTtJ8bC9WrfMDvLb
On June 11, 2021, Looney was able to beat the bot and rescued the “THING” asset with a memo titled “freeeeedom”:
https://xchain.io/tx/24c444f13cb46eda346111bdae0258e3f93937eab8b9e091919f5a95aea1ca93
Looney decided to leave the rest of the assets for future treasure hunters to unearth:
https://twitter.com/wasthata...