A hacker from the Indian state of Karnataka confessed to hacking the Bitfinex and BTC-e cryptocurrency exchanges, phishing and numerous attacks on other sites.
How
informs by CoinGape, Indian hacker Srikrishna Ramesh, aka Sriki, was arrested for hacking into a government procurement portal and fraudulently using data he accessed from a government portal. Ramesh claims that he is also involved in several hacks of the Bitfinex exchange.
According to Ramesh, the Bitfinex hack was his first major attack on a cryptocurrency exchange. The second time it was a simple phishing attack, which also involved two Israeli hackers. They gained access to the computer of one of the exchange employees and the AWS cloud account, Ramesh said. Recall that in 2019, brothers Eli and Assaf Gigi (Eli Gigi and Assaf Gigi) were arrested in Israel, suspected of carrying out phishing attacks and hacking Bitfinex in 2016, during which more than 120,000 BTC were stolen. Ramesh described how he managed to carry out the attack on Bitfinex:
“I took advantage of a bug in the datacenter by accessing the server using a kernel-based virtual machine (KVM). I rebooted the server into GRUB mode, reset the admin password, then logged in, changed the output passwords and transferred the BTC to my address, ”Ramesh said.
During the interrogation, the criminal confessed that he had been hacking various sites for a long time, including cryptocurrency exchanges and poker platforms. Ramesh claims he stole 100 BTC from the Bitclub Network and more than $ 3 million worth of crypto assets from the now defunct BTC-e exchange. In total, the hacker managed to get hold of 20,008 BTC, but he spent almost all of the money on a luxurious lifestyle.
Bitcoins stolen from Bitfinex first started moving three years after the exchange was hacked. In June 2019, in a series of transactions, hackers transferred 172.54 BTC from the wallet, then in December 2020 they moved another 5,000 BTC to unknown addresses, and in April 2021 they “moved” an even larger amount – 10,000 BTC.
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