Post
Topic
Board Gambling
Re: Metawin got hacked, $4 million stolen
by
davis196
on 04/11/2024, 07:27:03 UTC
Do not panic. Everything is back to normal.

MetaWin CEO Skel said the gambling site was hacked. $4 million stolen. Onchain sleuth ZackXBT revealed that the attacker moved the stolen funds to Kucoin and a HitBTC nested service. He also identified more than 115 addresses associated with the malicious actor.

Quote
According to MetaWin CEO Skel, the attacker hacked MetaWin's hot wallets via the platform's frictionless withdrawal system — prompting the platform to halt withdrawals. However, the CEO also said that withdrawals were restored for 95% of the platform's customers at the time of writing.

https://cointelegraph.com/news/online-casino-metawin-hacked-4-million-zack-xbt

It is good that the gambling site has enabled back withdrawal. I hope all the stolen coins will also be recovered.

Maybe the hacker was an idiot. Moving stolen funds to centralized crypto exchanges seems like a dumb move. The Metawin team identifying more than 115 addresses associated with the hacker also means that this guy(or several guys) was/were not that smart.
What if the hacker(or hackers) was actually smart and covered his traces? Maybe the Metawin team was lucky this time.
I haven't heard about the crypto exchange HitBTC in the last couple of years. I remember that I had an account there. Those were the good old days. Grin