**Crypto Heist Unveiled: $300 Million Stolen from Japanese Exchange**
In a shocking revelation, the FBI and international agencies disclosed a major crypto theft from Japan's DMM exchange, losing over $300 million in Bitcoin. The heist, linked to North Korea's TraderTraitor group, involved sophisticated social engineering tactics.
- Hackers posed as recruiters on LinkedIn, tricking a Ginco employee into compromising their system.
- By mid-May, the attackers manipulated transactions, siphoning off the funds.
- The FBI vows continued efforts to combat North Korea's illicit revenue schemes.
This incident is part of a broader trend, with 2024 seeing $2.2 billion lost in crypto hacks.
