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Comment by mingus88

6 months ago

The article makes it sound like it was wired directly to a crypto wallet in Hong Kong

Bank or not, good luck tracing anything through China. Odds are good this could have even been a nation state level scam run by North Korea. They get a lot of funding this way.

"Wiring to a crypto wallet" isn't a thing. It'd be crypto product of the century if it existed.

Isn’t Hong Kong still somewhat independent with its own government, laws, etc?

  • I’m sure it’s a complicated situation, and with this exploit alone being on the order of tens of millions of dollars, the attackers would have secured their transaction flow from the West