3 ms·

Does it matter? Even if the hacker could only extract 1% of the notional value it would still be life-changing money.

• phreeza 5y ago
  It matters because if the dollar amount is real this is probably the largest heist in history.
  • oefrha 5y ago
    Well the Bangladesh Bank heist managed to transfer close to US$1B over SWIFT. Of course since this is the traditional banking system we’re talking about, most of the transactions were either quickly blocked or since recovered. According to Wikipedia about $63M remained unrecovered as of 2018. https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery
    • roywiggins 5y ago
      In that hack, they attempted to transfer out $1B, but only managed about $100m, because the other transfers were blocked. And a portion of that 100m was eventually recovered.
    • tommiegannert 5y ago
      They tried to steal $1B. They succeeded with $101M. They got away with $63M.