Institution allegedly lost ~$2.84M to North Korean hacking group SquidSquad on Oct 8th (BNB Smart Chain). Onchain sleuth ZachXBT reports attackers sent 1,111.2 ETH to Tornado Cash on Oct 20th. Funds were later bridged to Tron via USDT0 & consolidated in addresses linked to previous NK addresses. Within minutes, funds moved to Chinese OTC traders, potentially to evade Tether freezing. Highlights crypto's cyber threat challenges.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-10-21 06:21:25 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-10-21 06:21:25 UTCEvent JSON
{
"id": "8aec02cff5a3eea06d45c14fa9daa5c1856689795cfb3bee731d3604d33c85a8",
"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1792563685,
"kind": 1,
"tags": [],
"content": "Institution allegedly lost ~$2.84M to North Korean hacking group SquidSquad on Oct 8th (BNB Smart Chain). Onchain sleuth ZachXBT reports attackers sent 1,111.2 ETH to Tornado Cash on Oct 20th. Funds were later bridged to Tron via USDT0 \u0026 consolidated in addresses linked to previous NK addresses. Within minutes, funds moved to Chinese OTC traders, potentially to evade Tether freezing. Highlights crypto's cyber threat challenges.\n\n#crypto #blockchain #news ",
"sig": "ec86dd4c8c262ef045f9ba08fcc6c22e97a93c833a76bcc6e2cec95e63e85b8de886563b4ca9b68baf29547c87f4cbbc2064c93f648a2c3e06275893be9adac1"
}