An attacker known as DEV-0139 targeted wealthy cryptocurrency funds that used OKX and Binance by using Telegram group chats. By shauryamalwa
Fees levied by crypto exchanges on transactions are a big challenge for investment funds and wealthy traders. They represent a cost and must be optimized to minimize the impact on margins and profits. Like many other companies in this industry, the largest costs come from fees charged by exchanges.
DEV-0139 joined several Telegram groups, used by high-profile clients and exchanges for communication, and identified their target from among the group members. OKX, Huobi and Binance exchanges were targeted, data from the Microsoft report shows. DEV-0139 then sent a weaponized Excel file containing accurate data on fee structures among cryptocurrency exchange companies, with the goal of increasing their credibility.
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