HTX has returned 4999 ETH stolen by hackers
HTX has returned 4999 ETH stolen by hackers
Cryptocurrency exchange HTX (formerly Huobi) suffered a hack last week that resulted in the loss of nearly 5,000 ETH.
The hack was detected by HTX's security team on September 24, although cybersecurity firm Cyvers Alerts had warned of suspicious transactions earlier. Immediately after the attack, Justin Sun, as advisor and de facto head of HTX, said that all issues related to the hack have been resolved and losses have been compensated.
A Lookonchain analyst reported on his X (Twitter) page on October 7 that the hacker who attacked HTX returned all the assets he was able to withdraw from the platform. This amounts to 4,999 ether (ETH) worth $8.2 million.
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Justin Sun wrote that the funds the hacker withdrew were only a small portion of HTX Global's total assets of $3 billion. After the hack, he offered the hacker a reward of 5% of the amount hacked, or $400,000, if the stolen funds were returned. The hacker was also offered a position as a security consultant for the exchange.
It's worth noting that the HTX hack was recorded just a few weeks after rumors of the company's bankruptcy spread. Then, the developer and defender of Dogecoin (DOGE) Mishaboar advised DOGE holders to withdraw their assets from HTX.
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