December 13, 8:27pm (UTC+8), the VeChain Foundation buyback address was compromised. Approximately 1.1 billion VET tokens in this address were transferred into 0xD802A148f38aBa4759879c33E8d04deb00cFB92b, the hackers address. All the addresses associated with the said hackers address have been tagged on VeChainStats, the list is automatically updated as soon as the hacker sends any funds from the original hackers address.
https://medium.com/@vechainofficial/vechain-foundation-announcement-8459492ee039So another hacked was experienced by crypto project. I don't know what much it in dollars but I will assumed its huge amount again. It's sad to hear this kind of hackings in crypto sphere, but then again those criminals are always one step of the game.
This has given a bad face to the crypto currency, a 10% decline for VeChain, this certainly makes investors and traders feel disadvantaged, but uniquely VeChain will buy back VET, this is interesting