Deepfake AI ‘gang’ drains $11M OKX account, Zipmex zapped by SEC: Asia Express

OKX blames “coin-stealing hacking gang” for deepfake AI theft of $11M, Zipmex unlicensed, Microvisionchain’s millions in grants: Asia Express

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On June 11, Crypto LaLa, operations manager at Quant Matter, claimed that their account on crypto exchange OKX, worth $11 million at the time of the incident, was drained by hackers within 25 minutes with allegedly no email or two-factor authentication warnings.

“I couldn’t believe my eyes,” wrote Crypto Lala. “I have many years of extensive experience in the cryptocurrency space, and this was the first time I had personally seen my assets being stolen. To this day, I still can’t believe that all the money in my OKX account was stolen. My hands are still shaking, and I am extremely angry, frustrated, and sad.”

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