Data leak [loss] $80M+

"Four Individuals Charged for Laundering Millions from Cryptocurrency Investment Scams"

2023-12-13 [vendor] $80 million romance
Primary Source ↗
Financial Loss $80.0M (80,000,000 USD)

Incident Details

Four individuals who helped launder money through shell companies and various bank accounts have been charged in connection to an $80 million “pig butchering” cryptocurrency scam. The scam reportedly involved at least 284 transactions, though it’s not clear how many victims were involved.

Total loss estimated at $80,000,000.

Technical Details

Initial Attack Vector
Regulatory / legal action
Vendor / Product
$80 million romance

Timeline

  1. 2023-12-13 Breach occurred
  2. 2023-12-13 Publicly disclosed