Hackers Mask $28 Million Bittensor Theft with Anime NFTs, Investigation Reveals

A sophisticated money laundering scheme has emerged from a $28 million cryptocurrency heist targeting Bittensor in 2024. Criminals disguised stolen funds by purchasing anime-themed non-fungible tokens (NFTs), exploiting the complex and often opaque world of NFT marketplaces to obscure their digital trail. This unprecedented technique has stumped investigators, leading to concerns about its potential for wider adoption by cybercriminals.