VeChain CEO Sunny Lu detailed. Around US$ 6.5 million have taken from
VeChain tokens (VET). Establishment data recommend that the undermined wallet made without adhering to the standard strategies of the association. The establishment says their inspecting group missed it due to human mistake.
It detailed in the budgetary report of the organization in September 2019 that it oversaw 27.3 percent of the all-out token accessibility. This hack establishes over 4.6% of the treasury of the establishment and furthermore represents 1.3% of the all-out supply of VeChain.
Source: TheCoinRepublicThat was the reality sometimes shit will happen. and these time Vechain was become a victim, $6.5 Million dollars is a huge amount and it may resulting to flood more than 1 billion VET tokens in the market. it was very unfortunate to the part of Vchain organization that it was happen but its already done and the team has nothing can do about it. or maybe they can buy back those tokens because i'm sure it will affect the VET token price stability when it was dump in the market.