03-17 21:56 Tuesday
A Chinese hacking team has been embroiled in internal strife and has admitted to stealing approximately $7 million in crypto assets.
According to a report by CoinMeta on March 17th, the WeChat public account "Network Investigation Research Institute" disclosed that a Chinese hacker team experienced internal strife due to a dispute over the distribution of spoils. Members publicly revealed that they had stolen approximately $7 million in crypto assets through supply chain attacks, targeting platforms such as the crypto wallet Trust Wallet. The report indicates that the team operated under the name of the cybersecurity company "Wuhan Anjun Technology," publicly offering services including vulnerability discovery, network attack and defense, and security services. However, internally, they were engaged in black market activities such as crypto asset theft. Team members claimed that they used Electron client supply chain vulnerabilities, plugin reverse engineering, and automated tools to obtain mnemonic phrases in bulk and scan multi-chain assets, including Ethereum, BNB Chain, and Arbitrum. The whistleblower stated that the team developed automated tools to scan mnemonic phrase assets in bulk and stole wallet data through remote control programs before transferring and splitting the funds. The attacks reportedly involved 37 tokens and multiple blockchain networks. The incident was triggered by an internal dispute over the distribution of spoils. The whistleblower claims to have had a conflict with the team leader over unfair profit distribution. After failing to receive severance pay, they released relevant evidence and plan to turn themselves in to law enforcement. The allegations have not yet been officially confirmed, and further investigation is needed to determine the details of the incident. Industry insiders point out that this incident once again highlights the security risks in the cryptocurrency wallet supply chain and plugins, as well as the trend of targeted attacks against high-value users.
ETH
+4.85%
BNB
+2.52%
ARB
+2.89%
Disclaimer
Related Reading

No Data Available