Have you also noticed that whenever Bitcoin makes news with new all-time highs or whenever the market explodes into an uptrend, such cases of exchange hacks become more frequent. Perfect timing right? Or just pre-planned insider jobs?
I don't think i have noticed this pattern or maybe i have just not paid attention to it. I believe exchanges are always targets of hackers, irrespective of any time or season, that is because they hold a huge amount of money in customer funds. However, i will surely not rule out inside jobs in many of the exchange hacks that have happened in the industry.
But it seems WOO X commits to fully refunding them.
Yeah, those nine victims are lucky. Hope they move it into self custody whenever they receive it.