The Coin Shark: Hacker stole about $90 million from the Japanese cryptocurrency exchange Liquid Global

  • Thursday, 19 August 2021 14:54
Hacker stole about $90 million from the Japanese cryptocurrency exchange Liquid Global? According to preliminary estimates, the Japanese cryptocurrency exchange Liquid Global lost about $90 million as a result of a hacker attack. Currently, the exchange has suspended the ability to deposit and withdraw funds and continues to monitor outgoing transactions from the attacker's wallets. In its official Twitter account, the Japanese exchange announced the hacking of warm wallets, after which it was decided to transfer all other assets to offline mode to cold wallets, while simultaneously suspending any activity on depositing and withdrawing money from the platform. Although the total amount of losses has not yet been disclosed by the exchange, it regularly updates the status of the wallets to which the hacker transfers the stolen funds. Thus, the first "batch" of cryptocurrency addresses was posted more than 12 hours ago, followed by several more tweets with BTC and ETH addresses, which made it possible to estimate at least part of the monetary losses. On-chain analysts claim that the attacker transferred more than 14,957 ETH, 107.3 BTC, 11 million XRP tokens, and 9 million TRX tokens. After the hacker managed to get the money, he transferred almost the entire amount from his XRP address to three new wallets. As a result, he only had 22 XRP equivalents left. In total, 9 cryptocurrency wallets were discovered, to which the hacker transferred the stolen goods. One of them was still receiving bitcoins at 7:20 UTC. Upon learning of the incident, the CEO of one of the largest cryptocurrency exchanges KuCoin, Johnny Liu, was quick to report that the platform had blacklisted the hacker's wallet addresses so that he could not transfer funds using their platform. Most likely, other exchanges will do the same. Soon after the hack, rumors appeared on the network that the incident could affect the Celsius Network (CEL) project, which integrated with the Japanese exchange in early 2021. However, representatives of Celsius Security on Twitter were quick to calm the community, saying that nothing threatens customers and their funds. Subscribe to our Telegram , Twitter and Facebook to be the first to know about cryptocurrency news! Coin Shark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources. Cryptocurrency is a risky asset, investments in it can lead to losses. Users should do their own research before taking any action. 

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.