Crypto Stolen From Alphapo Hot Wallets Now Amounts To $60 Million

Alphapo, a leading payment processor for various gaming services, has been affected by a major security breach. The company reported on July 23, 2023 that its hot wallets had been compromised. He incident resulted in the loss of more than $23 million worth of cryptocurrencies, including Ethereum (ETH), TRON (TRX), and Bitcoin (BTC). However, recent updates suggest that the total amount stolen is much higher than initially reported.

According to a tweet from ZachXBT, a well-known figure in the crypto community, on July 25, 2023, an additional $37 million stolen in TRON and BTC was located. This revelation brings the total amount stolen from Alphapo’s hot wallets to $60 million. The exact amount of BTC stolen remains unclear, suggesting that the total figure could be even higher.

The stolen funds were reportedly exchanged for ETH and then connected to other blockchains, including Avalanche and Bitcoin. The addresses involved in the breach include:

• 0x040a96659fd7118259ebcd547771f6ecb9580d17
• 0x6d2e8a20b8afa88d92406d315b67822c01e53c38
• TKSitnfTLVMRbJsF1i2UH5hNUeHLDrXDiY
• TDoNAZHa7WxarUAFbQUhiijTGtd7EpbzRh
• TJF7mdFxDuHB4tb9todayR4SCpKxk7gr23ym1

Following the security breach, HypeDrop, one of Alphapo’s clients, had to disable withdrawals. In response to a query about the deposit and withdrawal issues, HypeDrop stated: “Our provider is currently working to resolve some recent issues on their end, they are facing issues specifically related to BTC, ETH, and TRX withdrawals, as well as ETH and TRX deposits.”

The incident has raised serious questions about Alphapo’s security protocols and the potential impact on its clientele. Observers are closely monitoring the situation, with more developments to be expected as the investigation unfolds. According to ZachXBT, the hack appears to have been carried out by Lazarus, a group known for leaving a distinct digital footprint on the chain.

This incident serves as a stark reminder of the security risks associated with cryptocurrency activities.

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