Genesis

Genesis

A heist targeting an individual resulted in the theft of approximately $243 million worth of Bitcoin, potentially the largest known crypto theft from a single person. The stolen bitcoins were traced back to the now-defunct Genesis cryptocurrency exchange. Culprits attempted to launder the funds through multiple exchanges and coin-swapping services. The theft and subsequent transactions were monitored and traced by an individual known as ZachXBT, who alerted the exchange's administrators and the victim, aiding in the pursuit of the stolen assets.

Source: https://www.wired.com/story/meet-zachxbt-243-million-crypto-theft/

TPRM report: https://scoringcyber.rankiteo.com/company/genesisworldwide

"id": "gen000102724",
"linkid": "genesisworldwide",
"type": "Breach",
"date": "10/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'industry': 'Financial Services',
                        'name': 'Genesis cryptocurrency exchange',
                        'type': 'Cryptocurrency Exchange'}],
 'attack_vector': 'Theft of Cryptocurrency',
 'description': 'A heist targeting an individual resulted in the theft of '
                'approximately $243 million worth of Bitcoin, potentially the '
                'largest known crypto theft from a single person. The stolen '
                'bitcoins were traced back to the now-defunct Genesis '
                'cryptocurrency exchange. Culprits attempted to launder the '
                'funds through multiple exchanges and coin-swapping services. '
                'The theft and subsequent transactions were monitored and '
                'traced by an individual known as ZachXBT, who alerted the '
                "exchange's administrators and the victim, aiding in the "
                'pursuit of the stolen assets.',
 'impact': {'financial_loss': '$243 million'},
 'motivation': 'Financial Gain',
 'response': {'enhanced_monitoring': 'Monitoring and tracing of transactions '
                                     'by ZachXBT',
              'third_party_assistance': 'ZachXBT'},
 'title': 'Crypto Heist Targeting Individual Results in $243 Million Bitcoin '
          'Theft',
 'type': 'Crypto Heist'}
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