SUMMARY
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Suspected Chinese hackers allegedly stole nearly $100 million from the Bangladeshi government’s reserve account in New York, with the money illegally transferred online to the Philippines and Sri Lanka. Bangladesh’s central bank said it has recovered part of the money and is in contact with the Philippines’ anti-money laundering authorities to track down the rest. Bangladesh’s finance minister also said they will sue the Federal Reserve Bank of New York, but the bank denies its systems were breached.
Get more details about the alleged bank hacking.
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