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Deepfake AI ‘gang’ drains M OKX account, Zipmex zapped by SEC: Asia Express

Deepfake AI ‘gang’ drains $11M OKX account, Zipmex zapped by SEC: Asia Express

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Source: Coin Telegraph

OKX blames “coin-stealing hacking gang” for deepfake AI theft of $11M, Zipmex unlicensed, Microvisionchain’s millions in grants: Asia Express

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Crypto LaLa, operations manager at Quant Matter, says their account on crypto exchange OKX worth $11 million was drained by hackers within 25 minutes with no email or two-factor authentication warnings.

“I couldn’t believe my eyes,” Crypto LaLa wrote on June 11. “I have many years of extensive experience in the cryptocurrency space, and this was the first time I had personally seen my assets being stolen. To this day, I still cant believe that all the money in my OKX account was stolen. My hands are still shaking, and I am extremely angry, frustrated, and sad.”

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Author: Zhiyuan Sun