SBI Crypto, a subsidiary of Japan’s SBI Group, was struck by a major breach as hackers allegedly linked to North Korea stole $21 million from its crypto mining pool.
The hack was flagged by blockchain sleuth ZachXBT, who identified suspicious outflows of various cryptocurrencies, including Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH).
North Korean Hackers Drain $21 Million From SBI Crypto
SBI Holdings, Japan’s largest traditional finance group, has been hit by a major breach as hackers stole $21 million from the mining pool of its crypto subsidiary, SBI Crypto. The stolen funds include Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), and Ethereum (ETH). The hack exhibited several similarities to other exploits by North Korean hackers. According to ZachXBT and security firm Cyvers, the funds were quickly moved through instant exchanges and deposited into Tornado Cash. Tornado Cash has been sanctioned by US authorities for its role in obscu
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