Trader Loses Millions in Binance Hacking Scam via Chrome Plugin

Описание: Hassan Shittu

Last updated:

June 3, 2024 15:56 EDT

| 3 min read

A Chinese trader recently fell victim to a sophisticated hacking scam, losing $1 million due to a compromised Google Chrome plugin, which gained access to the trader’s Binance account.

The plugin stole cookies, allowing hackers to bypass security measures and access the trader’s Binance account, resulting in a significant financial loss.

Google Chrome Plugin-facilitated Attack on the Trader’s Binance Account.

Today, it was reported that a Chinese trader lost $1 million in a hacking scam involving a Google Chrome plugin called Aggr. This plugin stole user cookies, which hackers then used to bypass password and two-factor authentication (2FA) protections to gain access to the victim’s Binance account. The trader, who uses the username CryptoNakamao on X, shared the details of the incident on the platform.

On May 24, CryptoNakamao noticed random trades on their Binance account and realized the severity of the situation only after checking the Bitcoin price on the Binance app.

Unfortunately, by the time they sought help from Binance, the hacker had already withdrawn all the funds.

“I contacted customer service immediately, but during this process, the hacker was still operating my account. Logically, the hacker’s funds must still be on the platform, but the response I got from Binance was that the hacker withdrew all his funds from Binance safely.”

The hackers reportedly exploited cookie data stolen via the Aggr plugin, which the trader had installed to access data from prominent traders. The plugin was malicious software designed to steal web browsing data and cookies. With this data, hackers hijacked active user sessions without a password or authentication.

They conducted multiple leveraged trades to manipulate the prices of low liquidity pairs and profit from these actions.

Despite 2FA protections, the hackers used stolen cookies and active login sessions to cross-trade, buying several tokens in the highly liquid Tether trading pair. They placed limit sell orders exceeding market prices in Bitcoin, USD Coin, and other low-liquidity trading pairs. By opening leveraged positions and buying large amounts, they completed cross-trading without recording the transactions on the exchange.

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