Hackers use PUBG to plan out crypto hack worth $2.47 Mn
The number of cryptocurrency hacks is increasing by the day, and the masterminds behind them are coming up with new ways to pull off the heists. One such incident that occurred in Turkey involved one of the most played smartphone game ever, Player Unknown’s Battleground – PUBG.
The hackers used PUBG for communicating and sharing the details of the plan which they drew up to hack a supposed ‘cryptocurrency trading company’. The company has lost digital currencies worth in excess of $2.47 Mn. Local Police have reported that approximately $256k worth of crypto that had been lost has already been recovered. The remaining is expected to be recovered soon as they have apprehended 24 suspected online criminals who were allegedly involved in the heist.
The cryptocurrencies lost are namely Bitcoin, Ripple’s XRP and Ethereum via two of the company’s crypto wallet accounts. Cybercrime officials who are investigating the case have carried out search operations in the cities of Istanbul, Bursa, Antalya, Izmir, Edirne, Ankara, Bolu and Afyonkarahisar.
Out of the 24 detained individuals, 16 of them were released under the condition of Judicial control. Using an online gaming platform, such as PUBG, to communicate prior to the attack proves that hackers are coming up with new and unanticipated methods to get their hands on crypto. It calls for better ways to regulate trading platforms and crypto-oriented companies that hold a good amount of funds in them.
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Source: Daily Sabah