Welcome to week 17 of the Crypto Alert of the Week series by AMLT, a series dedicated to documenting interesting or high profile frauds/hacks etc that recently happened and have been reported into the AMLT Network and show how the AMLT Network can help track and prevent it in the future.
Luckily, the attack was detected by GitHub users. BitPay has also reached out to their users and warned them about the possibilities and consequences while also suggesting that everyone moves all of their funds from wallets possibly affected by the malicious code.
AMLT is focused on making the cryptocurrency space safer by providing tools to report and analyze various malicious actors. Anyone can contribute by reporting addresses through the AMLT panel/widget at amlt.coinfirm.com while also receiving a reward for it when becoming an AMLT Network Member. The submitted data is then processed by our team and added to the database. Flagging actions like these helps us fight the nefarious actors hurting the crypto space.
Below you can see a Coinfirm AML Risk Report created for wallet hackers address:
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The AMLT Team