The post CoinEx Promises 100% Compensation Amidst Recent Attack appeared first on Coinpedia Fintech News
At 14:18 (UTC) on September 12, 2023, Cyvers Alerts posted a tweet regarding suspicious withdrawals on the CoinEx Exchange. Crypto assets, including ETH, TRON, MATIC, and more from CoinEx’s hot wallets, were transferred to unknown addresses, raising suspicions of a potential hack.
The CoinEx team responded to the incident on Twitter at 17:38 the same day. According to the official statement, the exchange’s Risk Control System had detected anomalous withdrawals from several hot wallet addresses used to store CoinEx’s exchange assets. In prompt response, the team formed a special investigation team to investigate the incident and promised to offer 100% compensation for any loss due to this breach.
Official response from @CoinExGlobal
We reached out to the CoinEx team for more details about the breach. They informed us that its security team has been tracking the stolen funds an
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