A sophisticated social-engineering attack resulted in the theft of over $282 million in BTC and LTC. According to reports, the stolen funds were quickly laundered through monero. The development highlights the increasing risks associated with hardware wallets and the importance of robust security measures to protect digital assets. The incident underscores the potential vulnerabilities in cryptocurrency storage and transfer, even when using hardware solutions designed for enhanced security.

A sophisticated social-engineering attack resulted in the theft of over $282 million in BTC and LTC. According to reports, the stolen funds were quickly laundered through monero. The development highlights the increasing risks associated with hardware wallets and the importance of robust security measures to protect digital assets. The incident underscores the potential vulnerabilities in cryptocurrency storage and transfer, even when using hardware solutions designed for enhanced security.