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Scam Alert

HTX Global Hack: $8 Million Loss, Hiring Attackers As Security Advisor

September 25, 2023 - Around 2 mins mins to read

Key Points:

  • HTX Global hack swiftly recovers from an $8 million crypto hack, ensuring the safety of user assets.
  • The platform offers a substantial reward to incentivize the hacker’s cooperation, potentially hiring them as a security advisor.
  • Legal action will be taken if the stolen funds are not returned within seven days.
HTX Global Hack: Justin Sun announces recovery from an $8 million hack, offering a reward to the hacker and safeguarding user assets.
HTX Global Hack: $8 Million Loss, Hiring Attackers As Security Advisor

HTX Global recently faced a security breach resulting in the loss of 5,000 ETH (equivalent to $8 million USD). However, the platform swiftly addressed the situation, ensuring that user assets remained secure and operational.

The hack was detected promptly on September 24, 2023, at 6 pm SGT. The hacker’s addresses were identified as:

  • 0xdb1D74467c9042517A354304256E0d658D8AEC83
  • 0x799982b75Ba538F211871cBa50Fa1A42ADa9ab5E

Swift Response Ensures User Safety

Despite the substantial sum involved, $8 million represents only a fraction of the $3 billion worth of assets held by HTX Global’s users. It’s also just a small portion of the platform’s two weeks’ revenue.

In response to the hack, HTX Global is offering a 5% white hat reward, amounting to $400,000 USD, to encourage the hacker to return the stolen funds. If the hacker complies, there is the potential for them to become a security white hat advisor for HTX. However, legal action will be pursued if the funds are not returned within seven days.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

HTX

HTX Global Hack

Justin

Justin sun

Justin Sun HTX

Avatar of Thana

Author

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.
Scam Alert

HTX Global Hack: $8 Million Loss, Hiring Attackers As Security Advisor

Key Points:

  • HTX Global hack swiftly recovers from an $8 million crypto hack, ensuring the safety of user assets.
  • The platform offers a substantial reward to incentivize the hacker’s cooperation, potentially hiring them as a security advisor.
  • Legal action will be taken if the stolen funds are not returned within seven days.
HTX Global Hack: Justin Sun announces recovery from an $8 million hack, offering a reward to the hacker and safeguarding user assets.
HTX Global Hack: $8 Million Loss, Hiring Attackers As Security Advisor

HTX Global recently faced a security breach resulting in the loss of 5,000 ETH (equivalent to $8 million USD). However, the platform swiftly addressed the situation, ensuring that user assets remained secure and operational.

The hack was detected promptly on September 24, 2023, at 6 pm SGT. The hacker’s addresses were identified as:

  • 0xdb1D74467c9042517A354304256E0d658D8AEC83
  • 0x799982b75Ba538F211871cBa50Fa1A42ADa9ab5E

Swift Response Ensures User Safety

Despite the substantial sum involved, $8 million represents only a fraction of the $3 billion worth of assets held by HTX Global’s users. It’s also just a small portion of the platform’s two weeks’ revenue.

In response to the hack, HTX Global is offering a 5% white hat reward, amounting to $400,000 USD, to encourage the hacker to return the stolen funds. If the hacker complies, there is the potential for them to become a security white hat advisor for HTX. However, legal action will be pursued if the funds are not returned within seven days.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.