CoinVoice has recently learned that, according to Techbuild, a large bank in Kenya has 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 link 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 money trail more difficult to trace. The Kenyan Criminal Investigation Department (DCI) has initiated an investigation and is collaborating with the bank's cybersecurity team to track the hackers' path. Relevant officials stated that those involved are expected to be arrested soon.[Original link]