Allegedly Fell Victim to a Cyberattack, $15 Million Lost Allegedly Fell Victim to a Cyberattack, $15 Million Lost


Allegedly, lost $15 million worth of cryptocurrencies due to a cyberattack. Peckshield – a security and analytics company, reported the attack. According to them, more than 4600 ETHs were stolen from accounts of the exchange and allegedly have been “washed via TornadoCash.”

The day before, blocked withdrawals due to odd activities claiming that “We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly, as our team is investigating.”

Nevertheless, reassured that funds were safe at the time and later didn’t officially confirm to have been hacked.

Users already claimed that Ether has disappeared off their accounts, but the exchange denied it. What they noted was that “Earlier today a small number of users experienced unauthorized activity in their accounts,”

Eventually, recommenced withdrawals but adhered to its position that no funds were misappropriated. The exchange announced:

“Withdrawal services have been restored. All funds are safe,” and that “it will take time to clear the backlogs. We appreciate your patience.” is a cryptocurrency exchange based in Singapore that has grown exponentially for the last few years. It has become a significant player in the industry, and it currently serves more than 10 million customers and have over 3000 employees worldwide.

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