Indonesian Hacker Arrested for $398K Markets.com Crypto Theft

Indonesian Hacker Arrested for $398K Markets.com Crypto Theft

First seen 2 Dec 2025, 18:33 UTC Decrypt.CoAnalyticsinsight 9.2

Article Content

Browse articles
ThreatCluster

Indonesian authorities arrested a hacker identified as HS for exploiting a flaw in Markets.com's deposit system, resulting in a theft of $398,000 in cryptocurrency. The arrest followed a complaint from Finalto International Limited, the owner of Markets.com, after detecting suspicious activity linked to manipulated inputs that generated fraudulent USDT balances.