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HTX Exchange Hacked for $8 Million: Justin Sun Offers Reward for Hackers

📰1 year ago236 viewsNews

Cryptocurrency exchange HTX (formerly known as Huobi) has fallen victim to a cyberattack, resulting in the theft of $8 million worth of Ethereum. Justin Sun, the head of the Tron network, has come forward to acknowledge the breach and has taken swift action to address the situation.

Justin Sun publicly admitted that HTX had been "hacked" for the sum of $8 million. However, he made it clear that all losses incurred during the attack have been fully covered from the funds of the Tron network's creator. What's more, Sun has extended an unusual proposition to the hackers: return the stolen assets, and a reward of $400,000 (equivalent to 5% of the stolen amount) awaits them. Should the hackers refuse this offer, Sun has indicated that he will involve law enforcement authorities in resolving the matter, setting a one-week deadline for their response.

The primary cryptocurrency affected by this breach was Ethereum, which was eventually withdrawn from the exchange. Justin Sun reassured users that all assets held on the HTX platform are currently secure and that the exchange is operating normally.

In a ser...