Woo X underwent an authorized violation on July 24, which led to a flight of approximately $ 14 million in crypto.
The exchange said that he was investigating the “Constable incidentAnd revealed that the violation has led to unauthorized withdrawals from nine user accounts. The exchange interrupted withdrawals as a precaution.
He added in his declaration according to which he has already contacted the users concerned and intends to repay them fully.
$ 14 million stolen by various tokens
About 20 minutes later, the company reiterated That nine accounts have been affected, many attempts at withdrawal had been blocked once the problem was detected and repeated its commitment to cover all losses.
An hour After the initial alertWoo Xa Updated the count at $ 14 million and published six addresses which, she said, belonged to exploiting it.
At the time of the press, the exchange did not provide additional technical details on how the attacker had access to the accounts or when the withdrawals would be restored.
About an hour after Woo X’s first announcement, Cyvers Alert reported Detect more than $ 12 million in suspicious flow involving exchange through bitcoin, ethereum (ETH), BNB channel and arbitrum.
According to Cyvers, 1 Address received $ 1 million USDT from a Woo Hot portfolio, exchanged it on ETH, and then moved $ 7.3 million to a new address.
On the BNB channel, 5 BTCB were received from Woo, converted to BNB and transferred to another new address.
Woo X said he would provide another update once the withdrawals are reactivated.
For the moment, the company has assured users that the incident was limited to a small set of accounts which held a large amount of crypto and has committed to publish more details on the attack vector and the calendar to restore the full functionality of the platform.
