A significant cryptocurrency theft has raised alarms in the digital asset community, with losses now exceeding $133 million. This incident has prompted swift action from several major exchanges as they work to mitigate the fallout, and The source notes that some accounts have already been restricted in response to the situation.
Theft Reported
The theft was first reported on November 2, with initial estimates indicating losses of over $106 million. However, blockchain investigator ZachXBT later uncovered an additional $27 million in withdrawals, bringing the total to a staggering $133 million.
Exchange Responses
In response to the situation, prominent exchanges such as
- Kraken
- Crypto.com
- OKX
Ongoing Investigation
As the investigation unfolds, the identity of the organization affected by this massive theft remains undisclosed, leaving many in the crypto community on edge as they await further developments.
The recent investigation into the Mercado Bitcoin hack has unveiled concerning details about the hacker's substantial altcoin holdings, which could impact the market. For more information, see details here.














