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I was under the impression that there was a security hole in the password-reset functionality on Reddit, which allowed hackers to reset passwords of accounts without access to the email address.

The thing I can tell you is that the BCH wasn't stolen, the funds inside the tippr account was hacked (and not the central wallet), a bot was written to scan posts containing information about who got tipped - the users picked up by the bot had their funds stolen.

Also how the Hackers do kind of hacking, This news is disturbing