Post
Topic
Board Gambling
Re: Metawin got hacked, $4 million stolen
by
Fivestar4everMVP
on 04/11/2024, 12:55:30 UTC


I really do hope that they will find a way to recover the stolen funds, but then again and again, this is a lesson for casinos and other online platforms to tighten their security against such attacks as this so it doesn't lead to ugly incidents like this.

I wish the company and it's workers well, and I pray there be no reoccurrance of such again.
Recovering may be hard at this point in time, reason being that, only a few was sent to a kucoin account which is the only traceable stolen assets from metawin, the rest may have been transferred to private or even are mixing service which could be untraceable, but then all the wallets have identified and metawin hard top up the hotwallet 3x which is so good for now, at least now the got the hot Wallet up and services uninterrupted so we all are good.

Well, the fact that the hacker(s) made some or a small transfer to kucoin exchange has given him or her or them away, with this singular mistake, even if the amount is $1,  he or she or they can be traced and with the right strategy, the hacker(s) can get arrested where ever they reside.

Like I have said in my initial comment on this particular arm of the topic above, kucoin is a centralized exchange where users are required to pass kyc verification before making any deposits.
So, assuming the hacker(s) has already passed verification on the exchange with their real identification card, he or she or they can be easily traced and arrested, and when arrested, they rest of the funds that was stolen was the casino will be recovered.