Quote from: Learn Bitcoin on Today at 06:22:07 AM

Quote from: Synchronice on November 04, 2024, 11:46:36 AM

I hope exchanges will froze stolen assets and Metawin will get back lost 4 million dollars.

We don't know if all four million dollars were deposited to centralized exchanges or not. Since they used two centralized exchanges, they could have used some other decentralized exchanges as well. We don't know what steps Meta Win has taken so far. They may get the funds back if they can reach the correct department. But I am sure that they won't get the whole four million.

If they deposit all four million in exchanges, they can recover most of it. But if the hackers moved the funds somewhere else, they would probably be lost. At first, I thought they would know their identity since the funds ended up in CEX. But later, I came to realize that hackers usually use bought/fake exchange accounts.

Even they get the funds back, they won't get all the 4 millions dollars. Like kucoin I know for them to refund that money back to Metawin, Kucoin will cut their 40% and if the other centralized exchange will also cut their part then Metawin will lose good amount as well. So they will not expect all but let the funds should be refund. And since the hackers have send the coins to exchange then they would sell some or all. Though the Op and the first comment said everything is under control. Therefore there is no need for alarm.