Security News > 2020 > December > Crypto Exchange EXMO Says Funds Stolen in Security Incident
UK-based cryptocurrency exchange EXMO informed customers on Monday that it discovered large withdrawals from its hot wallets.
"We are still investigating the incident, but as of now, the security audit report showed that some amounts of BTC, XRP, ZEC, USDT, ETC and ETH in EXMO's hot wallets were transferred out of the exchange," EXMO announced.
The assets stored in cold wallets were not affected by the security incident, EXMO said, adding that all funds stolen in the attack will be covered by the exchange.
The Block has calculated that EXMO lost roughly $10.5 million worth of funds as a result of the incident.
EXMO has published a list of the wallets the attackers transferred funds to, asking other exchanges to block transactions to and from them.
News URL
Related news
- Germany seizes 47 crypto exchanges used by ransomware gangs (source)
- US sanctions crypto exchanges used by Russian ransomware gangs (source)
- U.S. Sanctions Two Crypto Exchanges for Facilitating Cybercrime and Money Laundering (source)
- Deepfakes Can Fool Facial Recognition on Crypto Exchanges (source)