27,000 Mnemonics and 10,000 User Private Keys Stolen, HTX Ex-Employees Sentenced to 3 Years 😮

Protect Your Crypto: Employees Implant Trojans in Wallets, Stealing Thousands of Keys

Be aware of recent crypto thefts involving former employees of a major company, using Trojans to steal user mnemonics and private keys. Stay informed to protect your assets in the volatile crypto market.

Stealing Virtual Currency Data: Ex-Employees’ Sentencing

Learn about the case where Company A’s former employees were sentenced for stealing virtual currency data using a backdoor program. Understand the risks involved and the importance of safeguarding your crypto investments.

Discovery of lost virtual currency by citizen Ou

Finding of stolen virtual currency and backdoor program
Reporting incident to Xuhui Public Security Bureau

Confession and arrest of suspects Zhang, Dong, and Liu

Creation and activation of backdoor program
Collection of mnemonics and private keys

Charges and sentencing by Xuhui District People’s Court

Former Employee Theft: Rise in Crypto Hacks

Discover how another former employee targeted virtual currency data, leading to a rise in crypto hacks. Learn from the sentence imposed and the implications of such breaches in the crypto industry.

Arrest of former employee Zhang Yi

Insertion of backdoor in virtual wallet software
Collection and misuse of private keys and mnemonics

Confession, compensation, and sentencing of Zhang Yi

HTX Response and Industry Trends

Understand the responses from companies like HTX and the impact of such incidents on the wider crypto industry. Stay updated on the latest trends and developments to navigate the crypto landscape effectively.

Response from HTX regarding former Huobi employees’ actions
Cooperation with authorities and investigations
Rise in crypto losses from hacks and scams in Q2 2024

Hot Take: Safeguard Your Investments in the Crypto Market

Given the recent incidents of employee theft and rising crypto hacks, it is crucial to prioritize security measures to protect your investments. Stay vigilant, stay informed, and take necessary precautions to secure your assets in the ever-evolving crypto landscape.

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