Ministry of Public Security: Hackers and criminals are using loopholes in blockchain smart contracts to issue a large amount of "virtual currency" to
The Ministry of Public Security announced the measures and overall effectiveness of the nationwide public security organs' crackdown on hacker-related illegal crimes today, and released ten typical cases. The report shows that the modus operandi of hacker criminals is constantly upgrading, and new situations such as using blockchain smart contract vulnerabilities to issue "virtual currency" to defraud others' property are emerging one after another. The Sichuan police cracked a case of issuing virtual currency under the guise of disaster relief and implemented fraud, and found that the hacker group used the name of earthquake relief to release the so-called "Sichuan Refueling Coin" to lure netizens to buy it, and then used the preset backdoor to increase and cash out in large quantities. The amount involved reached 12 million yuan. Shi You, deputy director of the Network Security Protection Bureau of the Ministry of Public Security, said that the average age of hacker criminals is decreasing year by year, and even elementary school students have been found to be proficient in using hacker tools.
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