In the crypto community, another incident has emerged involving Bitrue. A user known as 'PapaBear' has reported the loss of 2045 XRP from his account.
Incident Overview
The user reported that the tokens were withdrawn without his consent shortly after he deposited them. At the time of theft, the 2045 XRP was valued at approximately $4,764. PapaBear asserts that he did not initiate this transaction, and the wallet that received the tokens was unfamiliar to him. He noted that his account was secured with multiple security measures, including two-factor authentication and a personal six-digit PIN.
Bitrue's Security History
Bitrue has a track record of security issues in the past. In 2019, the platform lost $4.2 million due to a compromised hot wallet. In 2023, another breach resulted in the loss of approximately $23 million across various digital assets, including Ethereum and Shiba Inu. While Bitrue claimed to reimburse affected users, the recent report has reignited concerns about the platform's internal security.
Community Reaction and Requests for Accountability
The incident involving XRP theft has sparked outrage among Bitrue users, many of whom have begun reporting similar experiences. Influential community member Eri Chan urged others who faced similar issues to come forward for assistance. As of the time of this report, Bitrue had not released an official statement regarding the new allegations.
The reported theft of XRP from the user's account underscores ongoing concerns about security on Bitrue. Heightened discussions among users may lead to demands for greater transparency and improved security measures from the exchange.
