Deep Tide TechFlow News, on July 13, according to Techbuild, a large bank in Kenya recently suffered a serious internal attack, resulting in approximately 500 million Kenyan Shillings (about 4 million USD) being stolen. Investigations revealed that the perpetrators were external contractors responsible for the bank's IT system, who manipulated the card management system to generate virtual cards and linked them to mobile wallets, subsequently transferring the funds rapidly.

The stolen funds were laundered into multiple offshore wallets, with the stablecoin Tether (USDT) playing a key role throughout the money laundering process, making the funds chain more challenging to trace. The Kenyan Directorate of Criminal Investigations (DCI) has launched an investigation and is collaborating with the bank's cybersecurity team to trace the hackers' paths. Relevant officials indicated that those involved are expected to be arrested soon.