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Poloniex

2023-11-10, Rekt
https://rekt.news/poloniex-rekt/
#Poloniex #Cryptocurrency

Contents

Poloniex - REKT
Nothing like a nine-figure exchange hack to cool the pump-induced euphoria.
Justin Sun’s exchange Poloniex had its hot wallets drained of $126M today.
The alarm was raised. Then, approximately half an hour after funds began to be drained, Poloniex notified users its wallet had been “disabled for maintenance”.
Nothing to see here, folks.
After another half hour, Justin Sun responded more directly, promising to cover losses:
We are currently investigating the Poloniex hack incident. Poloniex maintains a healthy financial position and will fully reimburse the affected funds. Additionally, we are exploring opportunities for collaboration with other exchanges to facilitate the recovery of these funds.
As the amounts stacked up, Poloniex followed up with a whitehat bounty offer of 5%. Arkham’s on-chain intel market (or doxx-to-earn platform) also offered a $4000 bounty for an ID on the hacker.
Will it be enough to either tempt, or force, a return of the loot this time?
As ever, exchange …

IoC

0a5984f86200415894821bfefc1c1de036dbf9e7
3C5c2F4bCeC51a36494682f91Dbc6cA7c63B514C