Polter Finance has suffered a $12 million flash loan hack, with the platform investigating stolen funds linked to Binance wallets and offering impunity to the attacker.
Police news
While the hacked funds were fully recovered, the Thala token is still down roughly 35% since the incident occurred.
South Korea has been taking steps to suppress crypto scams. This latest one is the biggest ever though.
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.
Hong Kong police arrested 27 people it accused of running an AI deepfake crypto scam operation from a 4,000-square-foot industrial building in the region.