Tether froze $1.4 million of $2.7 million stolen from the Remitano exchange
Date: 2023-09-15 Author: Karina Ziganova Categories: BLOCKCHAIN
Cyvers specialists reported that unknown transactions affected 3 cryptocurrencies on three blockchains - Ethereum, Tron and Bitcoin Cash. Experts confirmed that they have contacted the platform team to stop any additional losses and initiate attempts to return potentially stolen funds.
Remitano confirmed information about the compromise of their wallets and reported the withdrawal of a “small amount” to suspicious accounts.
The exchange reportedly created a team to investigate the incident and began collaborating with partners, including Cyvers Alerts or Tether, to monitor attacker data.
The platform also transferred user funds to cold wallets and stopped deposits and withdrawals for 48 hours for maintenance. Previously established restrictions did not apply to the Bitcoin Cash, LITecoIN and Bitcoin networks.
At this time, Remitano guarantees that clients are not harmed and their assets will NOT be affected in any way by this incident. In keeping with our commitments, we work tirelessly to ensure the safety and security of crypto assets.
The Tether company, according to Etherscan, has already blocked the address of the attackers in order to prevent the further movement of $1.4 million in the USDT stablecoin.
Remitano is registered in the Seychelles and operates as a P2P exchange, providing customers with the opportunity to buy cryptocurrency from each other. For example, Merchants use the platform as a payment gateway.
According to CoinMarketCap, spot trading volume on the site over the past 24 hours amounted to about $3.58 million.
Hacker attacks in September included the betting platform Stake with losses of more than a billion dollars and the online exchange CoinEx with a loss of about $55 million.
The FBI accused the North Korean group Lazarus Group of hacking the first one. According to experts, she is also behind the second incident.
