$USDC $BTC $ETH

Oh no! This is big news!

The U.S. government wallet has been raided by hackers!

$20 million in assets has vanished!

On October 25, a shocking piece of news exploded in the crypto community! Arkham institution revealed that a wallet tightly controlled by the U.S. government has been hit by a hacker attack!

This is no ordinary wallet; it contains the 'spoils' seized from the 2016 Bitfinex hacking incident, worth up to $20 million!

The hackers are skilled and swift, first transferring this huge sum to a mysterious wallet starting with '0x348'. It not only contains stablecoins like USDC and USDT but also various cryptocurrencies such as aUSDC and ETH. This is simply a grand 'migration' of cryptocurrency!

Even more alarming, the hackers are not satisfied with this; they have begun to exchange the stablecoins for ETH, attempting to 'launder' this ill-gotten wealth through a series of complex operations. These funds may even have intricate ties to money laundering services!

Just this morning, this U.S. government wallet withdrew stablecoins worth $6.57 million from the Aave protocol, which also flowed into that address starting with '0x348'.

Subsequently, that address quickly exchanged approximately 5.45 million USDC for 2135.27 ETH, showcasing the scale and subtlety of this 'crypto heist'!

Currently, this astonishing case is still unfolding, and we will closely monitor further developments to bring you more first-hand information. In the crypto world, security is always the top priority, and I hope everyone can take this as a warning and protect their assets!

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🚨 The U.S. government's cryptocurrency wallet is suspected to have been hacked!

Nine hours ago, the U.S. government's cryptocurrency wallet may have been attacked by hackers. Arkham Intelligence's latest news indicates that approximately $20 million worth of USDC, USDT, aUSDC, and ETH were transferred from the government wallet address (0xc9E6E51C7dA9FF1198fdC5b3369EfeDA9b19C34c) to the attacker's address (0x3486eE700CcaF3E2F9C5eC9730a2e916a4740A9f).

Complicating matters further, the attacked government address had previously received funds from nine addresses seized by the U.S. government, some of which were alleged to be related to the Bitfinex hacking case.

Currently, the hackers have begun processing the approximately $20 million in stolen cryptocurrency, starting to convert these assets into ETH. What’s more concerning is that they may be using some suspicious addresses related to money laundering activities to clean these illicit gains.

If this is true, the consequences could be severe. The government would not only face significant financial losses but also have to deal with a crisis of public trust in its ability to protect digital assets. At the same time, this could spark a new round of discussions and intensification regarding cryptocurrency regulation. A hacker attack on a government wallet is not a trivial matter; it could trigger a series of chain reactions.

🗣️ Conclusion:

This incident also reflects that the advantages of cryptocurrency lie in its decentralized structure and high security, but these features also bring challenges, such as market volatility, potential security risks, and regulatory complexities.

Although all transaction records are publicly transparent on the blockchain, the anonymity and cross-border nature of cryptocurrencies make it exceptionally difficult to trace the flow of funds and recover stolen assets.

Of course, the occurrence of such incidents may also push regulatory agencies to adopt stricter measures and prompt the industry to establish tighter security protocols to protect digital assets from future threats and ensure the healthy development of this emerging field.

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