Elliot Gunton and Anthony Tyler Nashatka were indicted by the US Attorney's Office for the Northern District of California for hacking the non-custodial Ethereum exchange EtherDelta in December 2017.

US authorities indict two suspects for hacking DEX EtherDelta

Elliot Gunton and Anthony Tyler Nashatka are charged with hacking into the non-custodial Ethereum exchange EtherDelta in December 2017..

According to the text of the indictment, Gunton and Nashatka changed the settings of the EtherDelta domain name system in order to mislead users with the aim of "collecting their cryptocurrency addresses, private keys and withdrawing funds contained in these cryptocurrency addresses".

The attackers managed to gain access to the settings using the phone number of one of EtherDelta's employees, which was then used to hack his email. After that, they made changes to the parameters of the domain system in such a way as to redirect traffic from EtherDelta to a "fake website that resembled the real EtherDelta platform.".

Visitors to a fake website, without knowing it, could disclose private keys to their wallets to hackers, and with this, lose the cryptocurrency assets that were on them.

According to the prosecution, the losses of only one EtherDelta user from the actions of Gunton and Nashatka amounted to at least $ 800,000. The total amount of damage was not disclosed..

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