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Kraken User Falls Victim to Social Engineering Attack, 8,662 ETH Stolen and Transferred to HitBTC

On April 1, on-chain analyst Yu Jin reported that a Kraken user was suspected of falling victim to a social engineering attack, resulting in the theft of 8,662 ETH, valued at approximately $18.19 million. The attacker subsequently exchanged 878 ETH for 26.5 BTC using the cross-chain tool THORChain, and six hours later transferred all stolen assets (7,784 ETH + 26.5 BTC) to the HitBTC exchange.

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