- Poloniex lost over $100 million following a security hack on one of its wallets, labeled “Poloniex 4” on Etherscan.
- The amount lost included 443 BTC, 32.7 million USDT, and 6,103 ETH.
- Justin Sun offered a 5% white hat bounty to the Poloniex scammer.
Centralized crypto exchange Poloniex was drained of more than $100 million following a security hack on one of its wallets, labeled “Poloniex 4” on Etherscan. The data analytics firm PeckShield was the first to notice a string of cryptocurrency outflows from the address, thus calling Poloniex investor Justin Sun’s attention.
Hi @Poloniex, you may want to take a look: @justinsuntron https://t.co/UobItZ9FpO— PeckShield Inc. (@peckshield) November 10, 2023
The PeckShield alert showed several transfers to various crypto wallets with varying amounts, including 443 BTC, 32.7 million USDT, and 6,103 ETH. Backing up this data, the blockchain analytics tool Lookonchain has posted a comprehensive list detailing the wallets, amounts, and values of the transactions.
At the time of writing, Poloniex had lost a total of $118 million. Concurrently, its support team acknowledged the matter and posted a notification on X (forme…
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