Cryptocurrency exchange Gate.io allegedly covered up a hack that occurred on April 18, 2018, which saw $230 million swiped from the exchange, according to a Nov. 14 Twitter thread detailing the incident by on-chain sleuth ZachXBT.
ZachXBT called out Gate.io’s founder and CEO Lin Han for advocating for blockchain asset security and claiming Gate.io has been safeguarding customers’ assets with systematic solutions via a series of tweets on Nov. 10 following FTX’s downfall.
ZachXBT also published a screenshot of his correspondence with Gate.io in the Twitter thread, which shows that the on-chain sleuth confronted the exchange regarding the cover-up. Gate.io brushed off questions and criticisms regarding the cover-up. Instead, it responded that its platform is equipped with “many built-in mechanisms” that are immune to penetration by anyone.
Investigating the Gate.io hack
Gate.io was hacked for approximately $10,777.94 Bitcoin (BTC), $218,790 Ethereum (ETH), $Z3,783 Zcash, $99,99
We współpracy z: https://cryptoslate.com/zachxbt-calls-out-gate-io-for-keeping-2018-hack-under-wraps/
