Two Russians Charged by the DOJ of the Philippines for Alleged Involvement in $7 Million Crypto Hack
The Philippines' Department of Justice charged two Russians on the 9th of July for hacking Coin.ph, a Philippine-based exchange.
They allegedly stole 12.2 million $XRP worth PHP 340 million (approximately $7 million).
The suspects are former consultants of the exchange, and the exchange claimed that the hack could only have been executed by individuals with insider knowledge of access keys, servers, security protocols, and network infrastructure.
