South Korean Police Crack Down on $28 Million Hacker Ring

South Korean authorities have dismantled a transnational hacking syndicate responsible for stealing over $28 million from financial and governmental websites. The group, led by the Chinese national known as ‘Mr. G’, used social engineering and spear-phishing tactics to target wealthy individuals across various industries. While no major blockchain projects appear directly impacted so far, this incident highlights the ongoing vulnerabilities in global financial networks.