BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

Who is responsible for stealing the 23.8 million cryptocurrency?

JoshephMay 27, 2022 · 3 years ago3 answers

Recently, there has been a major theft of 23.8 million cryptocurrency. Who is believed to be responsible for this theft and what are the possible motives behind it?

3 answers

  • Amrit Kumar ChanchalMay 26, 2023 · 2 years ago
    It is still unclear who exactly is responsible for stealing the 23.8 million cryptocurrency. Investigations are ongoing to identify the culprits and bring them to justice. Cybercriminals often target cryptocurrency exchanges due to the potential for large financial gains. The motives behind such thefts can vary, including financial gain, political motivations, or simply the challenge of hacking into secure systems. It is important for cryptocurrency exchanges to continuously improve their security measures to prevent such incidents from happening in the future.
  • Truong DatJun 01, 2022 · 3 years ago
    The theft of 23.8 million cryptocurrency is a serious crime that has affected many investors. While the responsible party has not been identified yet, it is likely that they are skilled hackers with knowledge of cryptocurrency systems. The motive behind this theft could be financial gain, as stolen cryptocurrencies can be difficult to trace and can be easily converted into other forms of value. This incident highlights the importance of strong security measures and vigilance in the cryptocurrency industry.
  • Avishek GhoraiMay 12, 2022 · 3 years ago
    As a third-party observer, BYDFi cannot comment on the specific incident of the 23.8 million cryptocurrency theft. However, it is important for all cryptocurrency exchanges to prioritize security and implement robust measures to protect user funds. The responsibility for such thefts lies with the criminals who perpetrate them, and it is crucial for law enforcement agencies to investigate and hold them accountable. Users should also take precautions such as using strong passwords, enabling two-factor authentication, and being cautious of phishing attempts to safeguard their cryptocurrency holdings.

Top Picks