{"id":140675,"date":"2024-10-27T11:00:57","date_gmt":"2024-10-27T09:00:57","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140675"},"modified":"2024-10-26T19:00:28","modified_gmt":"2024-10-26T16:00:28","slug":"hacker-returns-19-3-million-in-crypto-to-u-s-government","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/hacker-returns-19-3-million-in-crypto-to-u-s-government\/","title":{"rendered":"Hacker Returns $19.3 Million in Crypto to U.S. Government"},"content":{"rendered":"<p>Analysts from Arkham Intelligence and ZachXBT noted that this swift recovery, representing about 88% of the stolen assets, raises serious concerns about the security of government-held digital wallets.<\/p>\n<p>The <strong><a href=\"https:\/\/cryptodnes.bg\/en\/hackers-target-us-government-wallet-seize-20m-in-stolen-bitfinex-assets\/\">breach<\/a> <\/strong>involved approximately $20 million in assets, primarily stablecoins and ether, transferred through suspicious addresses linked to a known money-laundering service.<\/p>\n<p>The incident occurred shortly after Arkham alerted about unexpected transactions from dormant wallets tied to the infamous Bitfinex hack. By October 25, most of the stolen funds had been restored to government control.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/security-flaw-on-base-blockchain-leads-to-1-million-heist\/\" title=\"Security Flaw on Base Blockchain Leads to $1 Million Heist\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/defi-hackers-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Security Flaw on Base Blockchain Leads to $1 Million Heist<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Despite this rapid recovery, doubts persist regarding the integrity of government wallet security. Experts like Ergo BTC pointed out potential weaknesses in wallet management practices, while the reasons behind the initial transfer remain unclear, adding intrigue to the situation. This incident highlights ongoing challenges in safeguarding digital assets as state agencies increasingly rely on custodial storage solutions.<\/p>\n<p>Following recent cybersecurity breaches involving U.S. federal entities, such as the hacking of the SEC&#8217;s social media accounts, there is growing concern about the adequacy of current security protocols. Analysts emphasize the need for stronger measures and greater transparency in managing government-held cryptocurrencies to prevent future incidents.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. government successfully reclaimed nearly $19.3 million in cryptocurrency within 24 hours after it was mysteriously drained from government-associated wallets.<\/p>\n","protected":false},"author":3,"featured_media":29844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-140675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hacker Returns $19.3 Million in Crypto to U.S. Government<\/title>\n<meta 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