Hackers who hacked Coincheck are already selling stolen crypto assets

Hackers who hacked Coincheck are already selling stolen crypto assets

Hackers who hacked the large cryptocurrency exchange Coincheck in Japan a week ago and, as a result, illegally withdrew $530 million in NEM cryptocurrencies, are already trying to sell the stolen assets.

This was reported via Reuters by Jeff MacDonald, vice president of the NEM Foundation.

As MacDonald noted, the tokens withdrawn from Coincheck were traced to an unknown account. Now the attackers are trying to sell the loot on as many as six exchanges at once.

No one knows where the account is located. MacDonald did not specify how much of the stolen assets have already been spent.

The vice president of the NEM Foundation said that exchanges where attackers are trying to sell the stolen goods are already being contacted.

According to Reuters, after the hacker attack on Coincheck, the Japanese Financial Services Agency (FSA) announced its intentions to check all exchanges in the cryptocurrency market. The FSA also ordered Coincheck to eliminate malfunctions and problems in the operation of services that caused the hack. In addition, representatives of the exchange must prepare a report on the work done by February 13.



You May Also Like

2342018-09-18

Hackers infected several Indian government websites

Andhra Pradesh Municipal Administration, Tirupati Municipal Corporation and Macherla Municipal Administration portals are among several hundred Indian websites infected with malware. This software uses the victim’s computer to secretly mine cryptocurrencies. Hackers achieve this by sending malicious links to victims' emails, or by infecting websites with JavaScript code.

Security
3082022-02-21

Dating site scammers earned $139 million in cryptocurrencies in 2021

New data shows that online romance scams are growing at a record pace. Victims have already lost more than $500 million last year alone.

Security

Latest articles from Security category