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In Tether Hack, US$3.1 Million Worth of Cryptocurrency Stolen from Taiwanese

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CHIAYI, Taiwan, Sept. 3, 2021 /PRNewswire/ — In what is likely the biggest digital theft in the history of decentralized finance in Taiwan, hackers have stolen about US$3.1 million worth of the cryptocurrency Tether from an antique dealer in Taiwan named Liu Kun-Hung. According to local law enforcement officials in Chiayi, Taiwan, this cryptocurrency was being held in two Tether accounts in the United States, after Liu had made a US$3.1 million payment to the trader in that cryptocurrency. In early July, Liu noticed that three transfers had been made from his Tether accounts to an unknown cloud wallet. However,…

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