April 21, 2024

In the US, two suspects charged with hacking EtherDelta exchange

The U.S. Attorney's Office for the Northern District of California has charged Elliot Gunton and Anthony Tyler Nashatka.(Anthony Tyler Nashatka) hacked at the EtherDelta exchange in December 2017.

According to the indictment, the suspectschanged the settings of the cryptocurrency site domain name system, which made the users of the exchange misleading with the goal of “collecting their addresses and private keys, as well as further withdrawing funds from those addresses”.

To access the settings, attackersused the phone number of one of the employees of EtherDelta, breaking his email as well. After that, they changed the system settings so that all traffic did not go to the exchange, but to the "fake website that copied the real EtherDelta platform."

Visitors to the fake site did not suspect thatdisclose their private key information to third parties and thus lose their digital assets. According to the prosecution, one of the EtherDelta users as a result of fraudulent activities lost at least $ 800,000. The total amount of all lost funds was not disclosed.

Decentralized exchange internet domainEtherDelta was attacked on the night of December 21, 2017. As a result of hacking DNS servers, when trying to go to the Etherdelta.com domain, the user is redirected to a fake exchange page created by hackers.