Posted 11/10/2023, 12:13:15 PM
Major Hack Hits Crypto Exchange Poloniex, Over $400M in Assets Stolen
- Poloniex crypto exchange owned by Justin Sun hacked, over $126 million stolen
- Hackers transferred funds including ETH, TRON, USDT, TUSD, meme coins from Poloniex wallet
- Additional $288 million in TRX and 865 Bitcoin also stolen according to blockchain data
- Poloniex tweeted wallet disabled, will reimburse affected users, working with exchanges to recover funds
- Possible causes include compromised private keys, malware, or social engineering according to researcher