Hong Kong Attackers Embezzled $ 30,000 Via Bitcoin Atm Vulnerability

✨ Megiddo

✨ President ✨
Staff member
Joined
May 15, 2016
Messages
14,216
Likes
2,643
Points
1,730
Hong Kong law enforcement officers have arrested three suspects in Bitcoin ATM fraud, according to the South China Morning Post .

The police began to investigate the crime after the appeal of two cryptocurrency exchanges. They suspected that the attackers took advantage of a vulnerability in bitcoin ATMs that allowed them to withdraw cash without authorization.

What is the vulnerability, law enforcement officers did not report.

The suspects illegally received 230 thousand Hong Kong dollars (about $ 30 thousand) through ATMs. They completed 11 transactions.

The police noted that the attackers are associated with a large criminal syndicate.

Recall that in July, Chinese law enforcement officers arrestedthe alleged organizers of the sale of fake Huobi tokens.
__________________
 
Top Bottom