lazarusholic

• Reported: 2024-05
• Locations: Japan
• Motivations: #FinancialGain
• Sectors: #Cryptocurrency

In May 2024, Japan's DMM Bitcoin exchange was hacked, losing over $304 million in Bitcoin. The breach involved 4,502 BTC being leaked from the exchange's hot wallet. The exact method of the hack remains unclear, with possibilities including a multisig private key compromise or an address spoofing attack. DMM halted certain services and is investigating, while Arkham Intel offered a bounty to track the attackers. This incident ranks as one of the largest crypto thefts in Japan’s history.