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$108.8M Crypto Heist Exploited Familiar Wallets to Move Stolen Funds

$108.8M Crypto Heist Exploited Familiar Wallets to Move Stolen Funds

Photo: Crypto Economy

TL;DR Approximately $108.8 million in USDC left accounts at Kraken, OKX, and Crypto.com between November 1 and 2. Eleven of the 15 receiving wallets had previously received payments from the same exchanges, raising questions about compromised credentials and private keys. Attackers converted $62.98 million in stablecoins into 27,553 ETH, leaving only $3.7 million in USDC ... Read more

Source: Crypto Economy

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