Home Tech Top 5 cryptocurrency thefts in 10 years – since 2011 cybercriminals have stolen more than $ 12 billion

Top 5 cryptocurrency thefts in 10 years – since 2011 cybercriminals have stolen more than $ 12 billion

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Top 5 cryptocurrency thefts in 10 years – since 2011 cybercriminals have stolen more than $ 12 billion

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Top 5 cryptocurrency thefts in 10 years - since 2011 cybercriminals have stolen more than $ 12 billion

Since the beginning of 2011, hackers have been able to steal over $ 12 billion in cryptocurrencies. Over the past 10 years, the largest damage was caused to the PlusToken, Thodex, Poly Network, Mt.Gox and Wotoken exchanges – from $ 614 million to $ 2.9 billion.

What is known

According to Crystal Blockchain, 226 cryptocurrency crimes have been recorded since January 2011. The most popular way to steal funds has become a security breach. The share of such cases was approximately 53% (120 out of 226), and the damage was $ 3.18 billion out of $ 12.1 billion.

The theft of cryptocurrency from the Japanese exchange Coincheck is noted separately. The incident took place three years ago. Then the attackers were able to withdraw cryptocurrency worth about $ 535 million. Until now, this robbery is the largest in the digital currency industry.

Another $ 1.76 billion was stolen as a result of hacker attacks on decentralized financial services. Over 10 years, 73 cases (33.63%) were recorded.

In 33 cases out of 220, project organizers disappeared with investors’ money. Despite the fact that the share of this type of fraud was less than 15%, the damage is equal to $ 7.12 billion, i.e. more than 50% of all funds stolen over 10 years.

Cryptocurrency projects in the United States are the most affected by cybercriminals. The top three also include the UK and South Korea. The five largest thefts are as follows:

  1. PlusToken (China) – $ 2.9 billion, 2018
  2. Thodex (Turkey) – $ 2 billion, 2021
  3. Wotoken (China) – $ 1 billion, 2020
  4. Mt.Gox (Japan) – $ 615 million, 2014
  5. Poly Network – $ 614 million, 2021

A source: Crystal Blockchain

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