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Latest cryptocurrency news > Cryptocurrency Exchanges > Justin Sun’s Cryptocurrency Exchanges Suffer Major Hacks
Cryptocurrency Exchanges

Justin Sun’s Cryptocurrency Exchanges Suffer Major Hacks

BH NEWS
Last updated: 24 November 2023 18:38
BH NEWS 2 years ago
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Cryptocurrency markets continue to be a target for hacking attacks. The recent attacks on HTX and Poloniex exchanges, owned by prominent investor Justin Sun, have resulted in significant losses for these exchanges. Within the cryptocurrency community, various scenarios are being considered, but Justin Sun made important statements on the X social media platform on November 24, reassuring users.

Renowned cryptocurrency investor Justin Sun made important statements on the X platform regarding the recent hack attacks on HTX and Poloniex exchanges. Sun announced that deposit and withdrawal operations will be resumed soon after the attacks on both cryptocurrency exchanges. He also emphasized the possibility of organizing an “epic” airdrop event for platform users.

In the final sentences of the post, Justin Sun apologized to the affected users and highlighted that their losses will be compensated and their assets are secure. Poloniex lost a total of $100 million in assets due to a security breach on November 10. On the other hand, HTX suffered a $13.6 million hack attack on November 22 and continued its cryptocurrency exchange operations within 24 hours.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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