$1 billion worth cryptocurrency may have stolen by just two hacker groups!
According to technologyreview.com, Just two teams of sophisticated cybercriminals appear to have been behind $1 billion worth of cryptocurrency thefts from online exchanges in recent years. Blockchain analytics firm Chainalysis spent around three months tracking and investigating the funds stolen and are able to link these thefts to two groups, Alpha and Beta. According to the researchers, Alpha is “a giant, tightly controlled organization at least partly driven by non-monetary goals.” Beta, on the other hand, “seems to be a less organized and smaller organization absolutely focused on the money.”
The cryptocurrency industry, and especially the exchange scene, has been under increasing scrutiny from regulators who say it can’t yet be trusted to secure customer funds.