Tag: drained

CoinEx exchange drained of $27M worth of crypto in suspected hack

coiner

On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has estimated the losses to be approximately $27 million. Red CodeOur AI-powered model detected suspicious transactions related to @coinexcom 2 hours ago The potentially stolen funds amount to $18.12M #Eth $8.5M #Tron and $291K in #Polygon Possible causes: access control violations, private key leakage, rug pulling, insider job https://t.co/Wzw84azM9M pic.twitter.com/2bqHmE18Sr — Cyvers Alerts (@CyversAlerts) September 12, 2023 At approximately…

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On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project

coiner

Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a June 16 social media post. Jeffrey Huang, known as MachiBigBrother on Twitter, has accused ZachXBT of damaging his reputation through false allegations. MachiBigBrother also posted an announcement stating that he is suing the on-chain sleuth. A year ago, @zachxbt published a Medium article about me that damaged my reputation. Today, I have filed a defamation lawsuit against him in the United States District Court for the Western District of Texas.…

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