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    Huobi exchange hacked for $8 million

    By ApeSpaceSeptember 25, 2023
    A navy and sky blue flame, followed by the text "Huobi" with "Huo" in navy and "bi" in light blue

    Justin Sun confirmed on September 25 that his crypto exchange Huobi (recently rebranded to “HTX”) had been hacked for 5,000 ETH ($8 million) the prior day. He reassured customers that the exchange would be covering the shortfall, and that “all user assets are #SAFU”.

    Sun offered a bounty to the hacker to return 95% of the funds, also promising to hire them as a “security white hat advisor” for the exchange. Otherwise, he threatened to go to law enforcement.


    • Tweet thread by Justin Sun
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