Bangladesh's central bank with the US Federal Reserve Bank of NY hacked

Bangladesh's central Bank has said that its account with the US Federal Reserve Bank of New York was hacked on February 5th and possibly as much as $100m has been stolen from it. Bangladesh Bank says it has traced some of the money to the Philippines and is working with anti-money laundering authorities there; some reports suggest Chinese hackers stole the money from the account and that of the funds, $75m was transferred to a bank in the Philippines and the rest to a Sri Lanken bank. The Federal Reserve Bank of New York has, however, denied its payments were breached.

Thank you for visiting TruNews!



The web browser you are using does not support modern websites.