Cryptopia Hack Totals $16 Million

in #ethereum6 years ago (edited)

A report by Elementus provides further insight into the losses from the recent Cryptopia hack. Losses are now thought to be in region of $16 million. The hack included the theft of Ethereum (ETH) and ERC20 tokens.

As the hack was carried out over a long period of time, multiple accounts and laundered through various channels, there is no confirmed figure of total losses. Tracing the assets has also been challenging.

If you have any Ethereum, ERC20 tokens or other assets on Cryptopia, you should immediately look to withdraw them. It is unclear whether the hackers have further private keys which they can exploit to withdraw further assets from Cryptopia wallets.

Full coverage: https://bitfudge.com/20190123-cryptopia-hack-totals-16-million/

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