{"id":26818,"date":"2024-08-16T08:30:53","date_gmt":"2024-08-16T05:30:53","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=26818"},"modified":"2024-08-16T07:13:30","modified_gmt":"2024-08-16T04:13:30","slug":"multiple-arrests-made-in-investigation-of-14-4-million-holograph-attack","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/multiple-arrests-made-in-investigation-of-14-4-million-holograph-attack\/","title":{"rendered":"Multiple Arrests Made in Investigation of $14.4 Million Holograph Attack"},"content":{"rendered":"<p>In a significant development, several therapies have been made in connection with the Holograph attack that took place on June 13, 2024. The arrests were made after an intensive two-month investigation by the French Office of Cybercrime Prevention (OFAC) in collaboration with several international organizations, including Europol, Italy\u2019s Anti-Mafia Directorate and the Royal Cayman Islands Police Service (RCIPS).<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/multiple-arrests-made-in-investigation-of-14-4-million-holograph-attack\/#Details_of_the_Holograph_Investigation_and_Arrests\" title=\"Details of the Holograph Investigation and Arrests\">Details of the Holograph Investigation and Arrests<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/multiple-arrests-made-in-investigation-of-14-4-million-holograph-attack\/#Holograph_Hack_Attack\" title=\"Holograph Hack Attack\">Holograph Hack Attack<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Details_of_the_Holograph_Investigation_and_Arrests\"><\/span>Details of the Holograph Investigation and Arrests<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The suspects, whose identities are not being disclosed due to the ongoing events of the investigation, were apprehended in Italy with significant assistance from French guests. These schemes represent an important step towards bringing justice to the victims of the Holograph attacks. Significant assets and electronic devices related to the case have also been frozen and seized. The suspects are expected to be extradited to France soon, where they will face charges.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Holograph_Hack_Attack\"><\/span>Holograph Hack Attack<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Holograph attack is a complex attack pattern on the protocol, a blockchain token platform in the Omnichain ecosystem. On June 13, a malicious actor used the protocol\u2019s operator contract to mint 1 billion native Holograph (HLG) tokens worth $14.4 million using a proxy budget. The attack caused a drop in the value of HLG, which fell by almost 80% in nine hours, from $0.014 to $0.0029.<\/p>\n<p><em>You might be interested: <a href=\"https:\/\/coinengineer.net\/blog\/latest-on-bitcoin-and-cryptocurrencies-august-15\/\">Latest on Bitcoin and Cryptocurrencies \u2013 August 15<\/a><\/em><\/p>\n<p>Following the attack, Holograph, a blockchain research firm used by Halborn, launched an extensive investigation. The investigation revealed the involvement of a \u201cdisgruntled former contractor.\u201d Holograph later released a detailed death report on July 2, shedding light on the techniques used in the attack.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a significant development, several therapies have been made in connection with the Holograph attack that took place on June 13, 2024. The arrests were made after an intensive two-month investigation by the French Office of Cybercrime Prevention (OFAC) in collaboration with several international organizations, including Europol, Italy\u2019s Anti-Mafia Directorate and the Royal Cayman Islands<\/p>\n","protected":false},"author":6,"featured_media":11625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6835,6836,7891],"class_list":["post-26818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel","tag-holograph","tag-holograph-hack","tag-holograph-hack-arrest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multiple Arrests Made in Investigation of $14.4 Million Holograph Attack - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/multiple-arrests-made-in-investigation-of-14-4-million-holograph-attack\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multiple Arrests Made in Investigation of $14.4 Million Holograph Attack - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"In a significant development, several therapies have been made in connection with the Holograph attack that took place on June 13, 2024. 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