Back-To-Back Breaches: Another Justin Sun Platform Was Hacked, Commits To Covering Losses
Summary
Justin Sun, founder of TRON blockchain and a figurehead in the cryptocurrency sector, has reported a second significant hack in less than a month on platforms linked to him. This latest breach saw 10,145 in Ethereum (ETH) drained, with the Heco bridge platform and HTX crypto exchange targeted. In the attack, the platform lost approximately $12.5 million in stablecoin USDC, USDT, Chainlink (LINK), and Ethereum. Two weeks prior, the Poloniex exchange, led by Sun, also experienced a hacking incident, causing the loss of over $60 million in customer funds. The reason for the targeting of these platforms is yet unknown. In response to these breaches, Poloniex offered a 5% 'white hat' bounty for the return of stolen funds.
