SBI Crypto pool is a subsidiary of the Japanese financial conglomerate SBI Group, which is also a partner of Ripple

SBI Crypto mining pool lost $21 million as a result of a hacker attack

03.10.2025

278

2 min

On September 24, suspicious transactions were recorded, indicating a hack of the SBI Crypto mining pool. GetBlock AML Research offers a comprehensive analysis of the attack on the company.

The SBI Crypto pool is a subsidiary of the Japanese financial conglomerate SBI Group, which is also a partner of Ripple.

The attackers stole $21 million worth of assets from SBI Crypto. They managed to gain access to the company’s wallets on the Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash networks. The stolen funds were transferred to exchanges and then sent to Tornado Cash.

Visualization: ZachXBT & TRM Labs

Graph showing the movement of funds stolen from SBI Crypto

At the time of publication, SBI Crypto had not acknowledged the attack or the loss of assets.

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