Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Approximately $21.9 million of Harmony Protocol stolen funds flowed to Russian exchanges
2023-09-15 12:43
Odaily News Chainaanalysis data shows that $21.9 million worth of cryptocurrency stolen from Harmony Protocol was recently transferred to a Russian exchange known for handling illegal transactions. Additionally, Chainaanalysis has evidence that North Korean entities have been using Russian services, including this exchange, for money laundering since 2021. (Chainalysis) According to previous news on June 23, 2022, the Harmony cross-chain bridge was attacked, resulting in losses of approximately US$100 million. On January 13, hackers began to transfer the funds withdrawn from Tornado Cash and once again deposited and withdrawn funds to the privacy network railgun. After that, they transferred part of the funds to the exchange and withdrew them to the BTC network.