North Korea-linked SquidSquad suspected in $2.84M BNB Chain theft

An institutional cryptocurrency holder has reportedly lost approximately $2.84 million in a suspected attack by North Korea-linked hacking group SquidSquad. An institutional cryptocurrency holder reportedly lost approximately $2.84 million in an October 8 attack on BNB Chain. On October 20, the attacker reportedly deposited 1,111.2 ETH into Tornado Cash before withdrawing the funds to three Ethereum addresses and subsequently transferring them to Tron through USDT0. ZachXBT identified two Tron wallets that received the funds and had exposure to previously attributed North Korean addresses. The identity of the affected institution and the method used to compromise its assets remain undisclosed.

Source: crypto.news