Coinsbuy Exchange Drained of $8M
- Centralized Exchange
- Security
Coinsbuy lost over $8 million on August 9 when an attacker tested with a small transaction then drained Tron and Ethereum wallets. Funds were laundered via Bridgers and FixedFloat. BlockWatchdog tied the cross-chain activity to one operator.
Incident Details
- Type
- EXCHANGE HACK
- Funds Lost
- $8M
- Status
- Ongoing
79 percent of funds moved through FixedFloat