🕵️♂️ Blockchain Maze: The Great Laundering After the Hack
The theft of $6.3 billion exposes Web3’s greatest challenge: moving illicit funds without being detected. The attackers, linked by the FBI to North Korea, split the loot across 12,000 intermediate wallets through 40,000 automated microtransactions in record time.
To break the trail, they deposited funds into Jupiter Lend vaults, transferred withdrawal rights to new addresses, and moved across blockchains using Circle CCTP and dYdX. They even overwhelmed the Privacy Cash mixer, forcing it to suspend deposits. Although investigators and DeFi operators have already frozen $2.85 billion, the technological race to stop the remaining billions is still underway.
#Binance #defi #Web3 #Cybersecurity #USDC #BTC @ElPuntoCripto
The theft of $6.3 billion exposes Web3’s greatest challenge: moving illicit funds without being detected. The attackers, linked by the FBI to North Korea, split the loot across 12,000 intermediate wallets through 40,000 automated microtransactions in record time.
To break the trail, they deposited funds into Jupiter Lend vaults, transferred withdrawal rights to new addresses, and moved across blockchains using Circle CCTP and dYdX. They even overwhelmed the Privacy Cash mixer, forcing it to suspend deposits. Although investigators and DeFi operators have already frozen $2.85 billion, the technological race to stop the remaining billions is still underway.
#Binance #defi #Web3 #Cybersecurity #USDC #BTC @ElPuntoCripto
