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Cryptohack Roundup: South Korea Busts $102M Laundering Ring

Source: CU InfoSecurity
Published: Unknown date

Summary

- South Korea dismantled a $102 million money laundering ring. - Saga paused its SagaEVM platform after a $7 million exploit.

Why It Matters for Texas Credit Unions

The article highlights security issues and enforcement actions that are relevant to all credit unions, including those in Texas.

Original Source Material

Also: $7M Saga and $5M Makina Finance Exploits This week, South Korea dismantled a $102 million money laundering ring, Saga paused SagaEVM after a $7 million exploit, Makina Finance lost $5 million, a Utah man sentenced to three years for fraud and illegal cash conversion and a software flaw let traders win ethereum transaction auctions for free.