Justin Sun’s Airdrop Plan for Hacked Exchanges Sparks Controversy
Poloniex and HTX, two crypto exchanges backed by Justin Sun, suffered separate exploits worth at least $238 million in the past two weeks. Sun has promised to distribute free tokens to the affected users, but the details are unclear. Justin Sun, the founder of Tron and the CEO of Poloniex and HTX, has announced an […]
Justin Sun Crypto Platforms Face 4 Hacks in 2 Months
In the past two months, hackers have repeatedly targeted the crypto platforms of Tron founder Justin Sun, with at least four of the most significant hacks affecting platforms associated with him. At least two hacks have occurred on Sun’s HTX cryptocurrency exchange since the platform changed its name from Huobi on September 13, 2023. The […]
Justin Sun’s Crypto Venture Loses Over $100m in Recent c
The cybersecurity company Cyvers Alerts revealed in a post, dated November 22 that a questionable address had obtained $12.4 million from the HTX exchange. Simultaneously, another location connected to Justin Sun’s business endeavors amassed almost $85 million from HECO Chain bridge. When considered as a whole, the notice implies that Poloniex, a well-known cryptocurrency exchange […]
HECO Chain Bridge Loses Over $86.6M Due to Suspected Hack
PeckShield, a blockchain security platform, has disclosed that digital assets worth over $86.6 million were transmitted from the HECO Chain bridge to addresses that appear to be suspicious. The security firm hypothesizes that an ongoing exploit has compromised the bridge. Tron founder Justin Sun issued the following statement in response to the incident: HTX will […]
Justin Sun Gives New Ultimatum to Poloniex Hackers, Offers $10m Bounty
Poloniex verifies the hackers’ identity and offers a $10 million white hat bounty to retrieve funds pilfered. According to on-chain data published by blockchain security company PeckShield , Poloniex has publicly identified the hacker responsible for stealing $120 million from the exchange on Nov. 10. The hacker has also been offered a $10 million white […]