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