The cyber unit of the Israeli Police arrested two brothers for Bitfinex crypto exchange hack and other phishing attacks. These two brothers belong to Jerusalem, Israel. These two brothers are Eli Gigi and younger brother Assaf Gigi. They allegedly obtain access to other’s accounts and steal cryptocurrencies.

These two brothers used to make cloning credentials of prominent crypto exchanges and wallets. Later they pass these links to phishing sites on telegram and other crypto-based forums. After getting all the necessary information, they transfer the crypto coins to their wallets.

A police spokesperson says that the sum found during the raid is lower and expected to be around millions of dollars. The elder brother, Eli Gigi is a graduate from the elite technological unit of the Israel Defence Forces.

Also, Bitfinex has decided to go offline for maintenance. The exchange will be down for several hours. The users will not be able to make any transactions or deposits during this period.