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Teenage Hacker Stole $243M In Bitcoin. How It Happened.

Summary by Cybercrime Magazine
This week in cybersecurity from the editors at Cybercrime Magazine Sausalito, Calif. – Aug. 11, 2025 – Listen to the Podcast Last summer, about 4,100 Bitcoin worth $243 million vanished overnight from a single victim’s account. Three gamers, turned self-taught hackers, siphoned off the cryptocurrency after successfully gaining access using social engineering tactics. But this was just the start of a bizarre case, especially for the youngest thie…
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Cybercrime MagazineCybercrime Magazine

Teenage Hacker Stole $243M In Bitcoin. How It Happened.

This week in cybersecurity from the editors at Cybercrime Magazine Sausalito, Calif. – Aug. 11, 2025 – Listen to the Podcast Last summer, about 4,100 Bitcoin worth $243 million vanished overnight from a single victim’s account. Three gamers, turned self-taught hackers, siphoned off the cryptocurrency after successfully gaining access using social engineering tactics. But this was just the start of a bizarre case, especially for the youngest thie…

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Cybercrime Magazine broke the news in on Monday, August 11, 2025.
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