On December 21, 2020, EXMO crypto exchange, UK announced that there had been illegal withdrawals from a number of hot wallets at EXMO, several cryptos on the missing hot wallets, including: BTC, ETH, ETC, XRP, ZEC and USDT.
According to Igor Igamberdiev of The Block, the amount of crypto lost was estimated at around US $ 10.5 million. (5% of the total crypto assets owned by EXMO). But Maria Stankevich, Head of Business Development for EXMO UK, explains that the exact amount of funds / crypto lost is still counting. As a result of this hack, EXMO suspends all transactions, and all EXMO users who experience loss will be replaced.
EXMO has reported this case to London police this morning, will carry out a thorough security review of the system and data.
According to Igor Igamberdiev of The Block, the amount of crypto lost was estimated at around US $ 10.5 million. (5% of the total crypto assets owned by EXMO). But Maria Stankevich, Head of Business Development for EXMO UK, explains that the exact amount of funds / crypto lost is still counting. As a result of this hack, EXMO suspends all transactions, and all EXMO users who experience loss will be replaced.
EXMO has reported this case to London police this morning, will carry out a thorough security review of the system and data.