🚨 Hackers Are Active🕵️

The world’s largest crypto exchange just lost 41,000 ETH / $1.5 Billion. But it’s not the hack you think.

🔎 Our Summary:

🔹 Lazarus Group has a history of massive crypto theft, laundering billions of dollars through complex blockchain transactions.

🔹 The stolen funds were moved across multiple wallets, making them difficult to recover.

🔹 Authorities and blockchain analysts are now tracking the assets to prevent liquidation.

🔹 Approximately $43 million has been blocked and frozen and $160 million is in the process of being laundered.

🔹 The hackers tricked the system by spoofing the Safe interface using modern Phishing techniques.

🔹 Final security checks passed.

🔹 350,000 withdrawal requests from customers to secure funds.

✍️ What’s Next?

Don't panic, all exchanges in the world have corporate financial insurance to protect customer assets and they must have thought about this.

The drastic price drop due to panic is not 100% due to Hackers. When this incident occurred, We tracked at least approximately 200 Whale wallet addresses moving to buy Bitcoin in large quantities. But why did the price drop? Because of simultaneous panic.

Let's discuss and give your comments on this incident! 👇