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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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