USDT Fuels Revenge Attacks
USDT Fuels Revenge Attacks
South Korean criminals demand USDT for executing revenge attacks, a new report claims. Online brokerages pay part-time thugs as little as $300 a month, demanding USDT payments upfront.
Revenge Attacks on the Rise
At least six crypto-powered revenge attacks were carried out this year, with police in South Korea's Gyeonggi Province hunting the masterminds. The attacks have seen criminals smear doorways with human faeces, throw food waste in apartment stairways, and distribute slanderous leaflets in victims' neighborhoods.
Data Leak and Anonymity
Anonymity-providing technology, such as crypto and encrypted messaging apps, provides a perfect array of tools for people with a thirst for revenge. A data leak allowed a suspect to steal over 1,000 pieces of personal data on potential victims, helping to perpetrate the attack.
Contract Criminals and Crypto
Brokers and their hired heavies have become the "contract criminals" of the web3 era. People seeking revenge do not want to get blood on their own hands, and all parties believe they will not be exposed if they use Telegram, which guarantees anonymity, and cryptocurrencies, which are difficult to monitor.
Revenge Services and Payment
Some criminals offer to hold off on carrying out the attacks they've been commissioned to carry out in exchange for crypto payment. Posts on X offer a range of illegal revenge-related services, including "Revenge can be yours. Contact us today." and "We will carry out any form of revenge you like."
Key Takeaways
- USDT is being used to fuel revenge attacks in South Korea.
- At least six crypto-powered revenge attacks were carried out this year.
- Criminals are using anonymity-providing technology to carry out attacks.
- Contract criminals are offering revenge services in exchange for crypto payment.
Frequently Asked Questions
What is the role of USDT in revenge attacks?
USDT is being used as a payment method for revenge attacks, as it is difficult to trace.
How are criminals carrying out revenge attacks?
Criminals are using anonymity-providing technology, such as crypto and encrypted messaging apps, to carry out attacks.
