FBI issues alert over cybercriminal exploits targeting DeFi

2022.08.30 09:21

FBI issues alert over cybercriminal exploits targeting DeFi

The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022.

In an Aug. 29 public service announcement on the FBI’s Internet Crime Complaint Center, the agency said the exploits have caused investors to lose money — advising investors to conduct diligent research about Defi platforms before using them, while also urging platforms to improve monitoring and conduct m rigorous code testing.

FBI recommends due diligence, testing

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