A man known as 'Shrek' has pleaded guilty to his role in a $263 million cryptocurrency theft, involving a network of international cybercriminals. The group exploited vulnerabilities in digital currency exchanges through phishing, malware, and social engineering tactics. The stolen funds were laundered using mixer services, complicating efforts to trace them. Following a multinational investigation, 'Shrek' cooperated with authorities, potentially reducing his sentence. This case has reignited discussions on the security of digital assets and the importance of global cooperation in tackling crypto-related cybercrime.
'Shrek' Pleads Guilty in $263 Million Crypto Theft Case
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