DOJ charges hackers behind $400 million SIM-swap attack on FTX
Submitted by Anonymous (not verified) on Fri, 02/02/2024 - 12:10Federal prosecutors say that the group operated as a SIM-swapping ring, targeting FTX and other victims over two years.
Federal prosecutors say that the group operated as a SIM-swapping ring, targeting FTX and other victims over two years.
The threat actors behind the attack targeted a vulnerability in Abracadabra's lending and borrowing smart contracts.
The recovered funds represent roughly $2.3 million worth in ETH, with the damage from the exploit estimated at $3.3 million.
With the exploiter now targeting vault approvals, ConcentricFi has urged its users to revoke all approvals and cease any interaction.
North Korea-affiliated actors were behind a third of all crypto hacks in 2023, making off with some $600 million in funds, a new TRM Labs study sai
Blockaid and CertiK issue a warning about the rise in sophisticated phishing schemes within Solana's crypto ecosystem.
Orbit Chain is coordinating its investigation with the Korean National Police Agency and KISA (Korea Internet & Security Agency), and Theori.
Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform's cross-ch

The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.
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