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Report: Two Israeli Brothers Arrested for Hack of Bitfinex Crypto Exchange

Report: Two Israeli Brothers Arrested for Hack of Bitfinex Crypto Exchange (Threat Actors)

Two Israeli brothers have been arrested in connection with the hack of cryptocurrency exchange Bitfinex and other crypto-related phishing attacks, finance news outlet Finance Magnates reports on June 23. An Israeli police spokesperson reportedly told Finance Magnates that Eli Gigi and his younger brother Assaf Gigi netted tens of millions of dollars. As Cointelegraph reported at the beginning of June, the funds stolen in the attack above have been recently moved. During the raid, the police reportedly found a cryptocurrency wallet containing significantly less funds than the amount that the two are believed to have stolen. As Cointelegraph reported earlier this week, a recent Firefox zero-day security flaw was used in attacks against major crypto exchange and wallet service Coinbase. While Coinbase was affected, the exchange’s security researcher Philip Martin stated that Coinbase was not the only crypto-related company targeted in the campaign and that there was no evidence of the campaign targeting exchange customers.

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