Justin Sun’s Poloniex Exchange is reportedly hacked for over $60 million in a recent attack.
Crypto researcher and reporter, Wu Blockchain shared that Poloniex is supposedly hacked and its loss may exceed over $60 million.
Breaking: Justin Sun’s Poloniex exchange (0xA9…22ba) was suspected of being stolen, and the loss of assets may exceed 60 million US dollars. Poloniex stated that the exchange wallet has been disabled for maintenance and will be updated once the wallet is re-enabled.…
— Wu Blockchain (@WuBlockchain) November 10, 2023
While there is no official source for the exact figure, it appears that more than $60 million of crypto assets has been sent to the hacker’s address, to data from DeBank.
The exchange owner and Tron Founder Justin Sun shared a post confirming the hack and said that the team is investigating the incident. He clarified that Poloniex has a healthy financial position to cover the affected damage on funds.
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.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) November 10, 2023
“We are exploring opportunities for collaboration with other exchanges to facilitate the recovery of these funds,” he said.The analysis for hack is still going on. We will update information as further details are disclosed.
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