I can't help but to feel surprised, speechless and scared at the same time looking how creative a hackers can be. They always came with a new ways of securing their stolen funds. And if their new solution of money laundering proven to work, the other hakcers might follow their strategy in the future. And the worst is yet to come.
It's a relief that exchange like Binance has committed to freezing their funds if detected on its platform. But, these hackers never out of ideas, huh. I hope this will be the last time, even though that's only a whisful thinking.
Topic: Upbit hackers using EOS tokens for money laundering? - page 2. (Read 249 times)
A new strategy is being tried out by the notorious Upbit hackers. They are attempting to use a decentralized exchange to convert their holdings to an EOS-pegged token.
On-chain analysts and exchanges have been closely monitoring the movement of stolen funds from Upbit since late November. The nearly $50M of stolen ether has been on the move since then. As BeInCrypto reported, the hackers are attempting to cycle the ETH through multiple wallets. However, they are now employing an entirely new strategy.
Click here to read the full news
I know that there are some who are closely monitoring those stolen funds that are being hacked. Blockchain has helped us a lot to keep track of the movements of our funds, as “blockchain doesn’t lie”.
Now that these notorious hackers are having a new kind of strategy, in which they will be using a DEX to convert those stolen funds into EOS-pegged tokens.
Every hacker has their own strategy no matter if their transactions are closely monitored on the blockchain. I just felt sorry for those who are affected by the Upbit hack last November.
What would be your reaction to this one guys?
On-chain analysts and exchanges have been closely monitoring the movement of stolen funds from Upbit since late November. The nearly $50M of stolen ether has been on the move since then. As BeInCrypto reported, the hackers are attempting to cycle the ETH through multiple wallets. However, they are now employing an entirely new strategy.
Click here to read the full news
I know that there are some who are closely monitoring those stolen funds that are being hacked. Blockchain has helped us a lot to keep track of the movements of our funds, as “blockchain doesn’t lie”.
Now that these notorious hackers are having a new kind of strategy, in which they will be using a DEX to convert those stolen funds into EOS-pegged tokens.
Every hacker has their own strategy no matter if their transactions are closely monitored on the blockchain. I just felt sorry for those who are affected by the Upbit hack last November.
What would be your reaction to this one guys?
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