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Crypto Catastrophe: The Unbelievable Hack That Stole $20 Million From the Government – And Then Somehow Managed to Be Kind of Nice About It

Crypto NewsCybersecurityEnforcement Directorate Linda Williams October 26, 2024

A illustration depicting an empty wallet with a 'for sale' sign on its wall, surrounded by scattered cryptocurrency coins (ETH, USDC) in various colors; one coin rolls away as another approaches to buy back into the wallet. In contrast, a separate scene shows a hacker sitting at a desk with multiple screens displaying blockchain data and stolen funds pouring out of their computer.

Well well well, looks like some crypto ‘security experts’ have their work cut out for them this quarter! Just when you thought things couldn’t get any more lit (and by that I mean utterly chaotic), another day brings us yet another batch of hacks and exploits ripping through the entire space. But hey, at least we got a nice little present from our friend who drained a $20 million US government wallet on Oct 24th… said no one ever.

Source: cointelegraph

Bitfinex wallet hacker returns most of the $20 million back to US gov’t
https://cointelegraph.com/news/us-government-hacker-returns-most-20-million-gov
The malicious actor who drained a United States government wallet of approximately $20 million on Oct. 24, containing seized funds from the 2016 Bitfinex hack, returned $19.3 million to the government wallet less than 24 hours later. According to Arkham Intelligence, several wallets controlled by the hacker returned the funds to the US government wallet, beginning with the characters “0xc9E.” At the time of this writing, roughly 88% of the […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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