World

Hackers steal US$91 mil from Japan crypto exchange Liquid

Company says it’s moving assets to cold wallet

Updated 5 years ago · Published on 20 Aug 2021 11:59PM

Hackers steal US$91 mil from Japan crypto exchange Liquid
Japanese cryptocurrency exchange Liquid says hackers moved around US$91 million of crypto assets, US$16 million of which was frozen thanks to the assistance of the crypto community and other exchanges. – Pixabay pic, August 20, 2021

TOKYO – Japanese cryptocurrency exchange Liquid said yesterday that a number of its warm wallets have been hacked, Sputnik reported.

“We are sorry to announce that #LiquidGlobal warm wallets were compromised, we are moving assets into the cold wallet,” the exchange wrote on Twitter.

The company began an investigation into the attack, cooperating with other exchanges to freeze and recover funds.

Later, the exchange specified that hackers moved around US$91 million (RM385 million) of crypto assets, US$16 million of which was frozen thanks to the assistance of the crypto community and other exchanges. – Bernama, August 20, 2021

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