CoinEx Hot Wallet Transfers Nearly $28M in Crypto to Mysterious Address, Sparking Hacking Fears

A CoinEx hot wallet transferred $27.8 million of crypto to a wallet with no history, raising hacking suspicions.
On Sept. 12, a CoinEx wallet sent ~$7.9M in ETH to an account with no prior activity.
The CoinEx wallet then transferred large amounts of other tokens like DAI, GRT, and UNI to the same address.
Blockchain security firms called the transfers "suspicious" and CoinEx's behavior "strange."
CoinEx has not yet publicly commented on the incident, which is still developing.

cointelegraph.com

Relevant topic timeline:

9/13/2023

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