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Here's an interesting case from the world of cryptocurrency security that deserves a closer look. It turns out that a Chinese hacker group, disguising itself as a legitimate cybersecurity company, carried out a large-scale targeted attack on wallet users. The target was the popular platform Trust Wallet, through which they gained access to user assets by exploiting vulnerabilities in Electron clients.
What’s particularly interesting is that they used automated tools to extract mnemonic phrases and scan assets across multiple blockchains simultaneously. As a result, they gained access to 37 different tokens distributed across Ethereum, BNB Chain, Arbitrum, and other networks. The total amount of stolen cryptocurrency is estimated at around $7 million.
The most intriguing part is how everything was uncovered. Inside the group, a conflict arose over the distribution of the stolen funds. One member, dissatisfied with his share, decided to leak information about the operation and is now planning to cooperate with authorities. This allowed security experts to understand the details of the attack.
Nothing has been officially confirmed yet, and the investigation is still ongoing. But this case once again proves how serious the risks are in the supply chains of cryptocurrency solutions. Hackers are becoming increasingly sophisticated in their methods, and ordinary users are more frequently targeted through vulnerabilities in popular applications. It’s important to be more cautious about the security of your wallets.