Gate News message, April 13, a certain crypto exchange said it is being extorted by a criminal organization, which has threatened to publish videos of access to its internal systems. The exchange emphasized that no systemic intrusion has occurred, that customer funds have always been safe, and that it will not pay a ransom to the attackers. The exchange disclosed that the incident stemmed from improper access by personnel related to the customer service team. It occurred in two separate independent incidents, involving limited data access for approximately 2,000 accounts (about 0.02% of total users). The exchange has identified the individuals involved, revoked their access, notified affected users, and strengthened security controls. Nick Percoco, the exchange’s chief security officer, said the company has been working with law enforcement agencies to investigate and believes it has evidence to track down and arrest the individuals involved. He noted that the current attacks show a trend of “internal infiltration + social engineering tactics,” reflecting that the crypto industry continues to face security challenges amid high-value assets and complex technical environments.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Criticized for freezing USDC too slowly! Circle CEO: We will definitely wait for the court’s order before freezing—refusing to freeze privately/by ourselves without authorization
Circle CEO Jeremy Allaire said the company will not proactively freeze wallet addresses unless it receives a court order or a request from law enforcement. Even amid hacker money-laundering disputes and community backlash, Circle still insists on operating in accordance with the rule of law.
Jeremy Allaire sets Circle’s law-enforcement bottom line
-----------------------------
As the global cryptocurrency market roils, Circle’s CEO Jeremy Allaire, the stablecoin issuer, delivered a clear stance on the most sensitive issue in the market at a press conference in Seoul, South Korea. He pointed out that although Circle has the technical means to freeze specific wallet addresses, unless it receives a court order or a formal instruction from law-enforcement authorities, the company will not take such action on its own.
CryptoCity6m ago
Attacker Exploiting Bridged Polkadot Vulnerability Transfers $269K to Tornado Cash
On April 15, Arkham reported that the attacker who exploited a Bridged Polkadot vulnerability transferred around $269,000 in stolen funds to Tornado Cash, complicating asset tracking.
GateNews34m ago
Is it possible that using a credit card to buy crypto could bypass Financial Supervisory Commission regulations? Odlinting is promoting Wallet Pro, a U.S. debit card crypto-buying service
The OwlPay and Wallet Pro services launched by OdinTing use stablecoin technology to enable B2B cross-border payments, and partner with international payment giants to demonstrate its ambition to expand in the fintech space. By operating from abroad, OdinTing bypasses Taiwan’s regulatory restrictions to provide fast virtual-asset trading. Meanwhile, facing the newly promulgated Virtual Asset Services Act, it is expected in the future to become a reference template for other foreign-invested companies entering the Taiwan market.
CryptoCity53m ago
Zerion Hot Wallet Loses $100K in AI-Driven Social Engineering Attack by North Korea-Linked Hackers
Zerion confirmed a recent AI-driven social engineering attack by North Korean hackers, resulting in a $100,000 loss from corporate hot wallets. User funds remain safe, and the company has taken precautionary measures. This follows another significant attack on Drift Protocol.
GateNews2h ago
Criticized for freezing USDC too slowly! Circle CEO: We will definitely wait for a court order to freeze it—refusing to freeze it on our own
Circle CEO Jeremy Allaire said that unless it receives a court order or a law-enforcement request, the company will not proactively freeze wallet addresses. Even amid disputes over hackers allegedly laundering money and backlash from the community, Circle remains committed to operating in accordance with the rule of law.
Jeremy Allaire sets Circle’s law-enforcement bottom line
-----------------------------
As developments surge across the global cryptocurrency market, at a press conference in Seoul, South Korea, Circle’s CEO Jeremy Allaire took a clear stance on the most sensitive issue in the market—“asset freezes.” He noted that while Circle has the technical means to freeze specific wallet addresses, unless it receives a court order or an official instruction from law-enforcement agencies, the company does not
CryptoCity3h ago
Can bypassing Financial Supervisory Commission (FSC) regulations allow crypto purchases by card? Oding Ding introduces the Wallet Pro service for buying crypto with U.S. debit cards
OdinTing’s OwlPay and Wallet Pro services use stablecoin technology to enable B2B cross-border payments, and partner with international payment giants to showcase its expansion ambitions in the fintech space. By operating from overseas, OdinTing bypasses Taiwan’s regulatory restrictions, offering fast virtual asset trading. At the same time, in the face of the newly issued Virtual Asset Service Act, it is expected to become a reference template for other foreign-invested companies entering the Taiwan market.
CryptoCity4h ago
