BitcoinHack
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šØ Japan has exposed the hackers from TraderTraitor!
In May 2024, the DMM Bitcoin exchange became a victim of a cyberattack, resulting in the loss of assets worth 48.2 billion yen (~$320 million) šø. The hackers used clever phishing through LinkedIn to infiltrate the exchange's internal systems and transfer funds to their addresses šµļøāāļø.
š Who is behind this?
TraderTraitor ā a group linked to North Korea š. This is not their first attack, but one of the most high-profile!
āļø What is important to know?
Be cautious with unknown messages on social media š¤.
Companies should strengthen the security of their systems š”ļø.
š¬ Have you encountered suspicious offers through LinkedIn? Share your stories!
#CryptoSecurity
#BitcoinHack
#TraderTraitor
#CyberCrime
#CryptoNews
In May 2024, the DMM Bitcoin exchange became a victim of a cyberattack, resulting in the loss of assets worth 48.2 billion yen (~$320 million) šø. The hackers used clever phishing through LinkedIn to infiltrate the exchange's internal systems and transfer funds to their addresses šµļøāāļø.
š Who is behind this?
TraderTraitor ā a group linked to North Korea š. This is not their first attack, but one of the most high-profile!
āļø What is important to know?
Be cautious with unknown messages on social media š¤.
Companies should strengthen the security of their systems š”ļø.
š¬ Have you encountered suspicious offers through LinkedIn? Share your stories!
#CryptoSecurity
#BitcoinHack
#TraderTraitor
#CyberCrime
#CryptoNews
Ilya Lichtenstein Denies Third-Party Involvement in Bitfinex Hack
Ilya Lichtenstein, who pleaded guilty to the 2016 theft of 120,000 Bitcoin from Bitfinex, released a video statement on Thursday rejecting claims of external involvement in the heist. In the five-minute video posted on X, Lichtenstein addressed allegations from a Netflix documentary suggesting his father or foreign intelligence agencies were involved.
āI Alone Am Responsibleā
āI planned and executed the Bitfinex heist entirely by myself,ā Lichtenstein stated, adding that allegations implicating his father are āutterly false and absurd.ā
The 2016 hack, one of cryptoās largest breaches, involved Bitcoin valued at $72 million at the time, now worth over $12.6 billion. Prosecutors previously confirmed that Lichtensteinās wife, Heather āRazzlekhanā Morgan, only became involved after the hack and pleaded guilty to laundering a portion of the stolen funds.
Lichtenstein clarified: āWhile my wife pleaded guilty to laundering some funds, she was not involved in the hack and didnāt know about it for years.ā
Returning Stolen Funds
Lichtenstein highlighted his cooperation with authorities: āIāve worked to return every asset as required by my plea agreement, with over $10 billion expected to be recovered by early next year.ā He also expressed remorse: āI hacked Bitfinex and laundered Bitcoin. I deeply regret my actions and take full responsibility.ā
Looking Ahead
Lichtenstein plans to work in cybersecurity after his release: āHaving been a hacker, I understand cyber threats and how to stop them.ā
He encouraged viewers to consult court documents for accurate information: āYou can read the publicly available documents and draw your own conclusions.ā
At the time of reporting, neither Bitfinex nor Netflix had commented. Bitcoin was valued at $102,371.
#Cybersecurity #BitcoinHack #Blockchain #DigitalCrime #Accountability
Ilya Lichtenstein, who pleaded guilty to the 2016 theft of 120,000 Bitcoin from Bitfinex, released a video statement on Thursday rejecting claims of external involvement in the heist. In the five-minute video posted on X, Lichtenstein addressed allegations from a Netflix documentary suggesting his father or foreign intelligence agencies were involved.
āI Alone Am Responsibleā
āI planned and executed the Bitfinex heist entirely by myself,ā Lichtenstein stated, adding that allegations implicating his father are āutterly false and absurd.ā
The 2016 hack, one of cryptoās largest breaches, involved Bitcoin valued at $72 million at the time, now worth over $12.6 billion. Prosecutors previously confirmed that Lichtensteinās wife, Heather āRazzlekhanā Morgan, only became involved after the hack and pleaded guilty to laundering a portion of the stolen funds.
Lichtenstein clarified: āWhile my wife pleaded guilty to laundering some funds, she was not involved in the hack and didnāt know about it for years.ā
Returning Stolen Funds
Lichtenstein highlighted his cooperation with authorities: āIāve worked to return every asset as required by my plea agreement, with over $10 billion expected to be recovered by early next year.ā He also expressed remorse: āI hacked Bitfinex and laundered Bitcoin. I deeply regret my actions and take full responsibility.ā
Looking Ahead
Lichtenstein plans to work in cybersecurity after his release: āHaving been a hacker, I understand cyber threats and how to stop them.ā
He encouraged viewers to consult court documents for accurate information: āYou can read the publicly available documents and draw your own conclusions.ā
At the time of reporting, neither Bitfinex nor Netflix had commented. Bitcoin was valued at $102,371.
#Cybersecurity #BitcoinHack #Blockchain #DigitalCrime #Accountability