The CoinsPaid Hack Explained: We Know Exactly How Attackers Stole and Laundered $37M USD
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Being the world’s biggest crypto payments provider, it was essential for us to conduct a thorough investigation of the hacker attack of July 22nd, 2023, resulting in the theft of 37.3M USD. In collaboration with Match Systems, a top cybersecurity firm, we were able to trace the perpetrators’ steps minute by minute, as well as identify what services and platforms were used to launder the funds.
As promised, today, we are ready to reveal the details of the hack so that other providers in the crypto industry can learn from our experience.
As promised, today, we are ready to reveal the details of the hack so that other providers in the crypto industry can learn from our experience.
Lazarus Hackers Linked to the Attack
Based on our internal investigation, we have reasons to suspect that the top-tier hacker group Lazarus may be behind the attack on CoinsPaid. The hackers employed the same tactics and …
As promised, today, we are ready to reveal the details of the hack so that other providers in the crypto industry can learn from our experience.
As promised, today, we are ready to reveal the details of the hack so that other providers in the crypto industry can learn from our experience.
Lazarus Hackers Linked to the Attack
Based on our internal investigation, we have reasons to suspect that the top-tier hacker group Lazarus may be behind the attack on CoinsPaid. The hackers employed the same tactics and …