HTX (Huobi) Hacked for $8M and Has Fully Covered the Losses

HTX crypto exchange (Huobi) was hacked on Sept. 24 for a total of $7.9 million of crypto assets.

After the hack, a known Huobi hot wallet posted a message to the attacker, saying the exchange knows the identity of the attacker and has offered to let them keep 5% of the drained funds as a “white-hat bonus,” but only if the attacker returns the remaining 95%.

Huobi Global investor Justin Sun claimed that user funds are safe and the exchange is functioning normally. “HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues,” and "The hacked funds amounts to just two weeks' revenue for the HTX platform." he declared.

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