Hackers are exploiting vulnerabilities in DeFi to steal cryptocurrencies, FBI warns

The Federal Bureau of Investigations (FBI) has warned that cybercriminals are exploiting vulnerabilities in decentralised finance (Defi) platforms, thus stealing cryptocurrencies from investors. The FBI has stated that vulnerabilities could have been targeted by either initiating a flash loan, exploiting verification, or manipulating cryptocurrency price pairs. It is thus imperative that investors seek advice from a licensed financial adviser when doing investments on Defi platforms. Finally, the FBI encourages investors to contact them whenever they suspect their Defi investments have been stolen.