Eastern European Hackers Linked To Major Ethereum Theft

According to BlockBeats, on February 25, SlowMist founder Yu Jian revealed on social media that the theft of 12,000 ETH from Shen Yu last year was carried out by the Eastern European hacker group Inferno Drainer, not North Korean hackers. Although there are some similarities in the laundering methods used by North Korean hackers, recovering the stolen funds remains challenging. Previously, on September 28, 2024, BlockBeats reported that Lookonchain disclosed a phishing attack that resulted in the loss of 12,083.6 spWETH, valued at approximately $32.33 million, from a specific address. According to Arkham, this wallet may be linked to Cobo co-founder and CEO Shen Yu (@bitfish1).