Reported 1 day ago
In the recent crypto crash, hackers lost over $13.4 million through panic selling, as they mismanaged their trades during market volatility. Despite being skilled in exploiting systems, these hackers exhibited poor trading instincts by buying high and selling low, ultimately repeating trades that compounded their losses. However, analysts note that much of their capital was stolen, suggesting their losses might not hit as hard as a typical trader's. This incident underscores that even experienced cybercriminals can falter under market pressure.
Source: YAHOO