Mercado Bitcoin Suspends Withdrawals After $40M in Suspcious Transfers
Summary
Mercado Bitcoin suspended deposits and withdrawals after suspicious transfers moved crypto from wallets across at least 10 blockchain networks. Security researchers estimate more than $40 million was transferred in a roughly 34-minute period, though the exchange has not confirmed that figure. The exchange says it contained the incident, with no customer harm or data breach reported, and is investigating how the transactions were authorized. Tether froze about $4.5 million in USDT linked to the activity. The attacker’s identity and the status of most transferred assets remain unknown.
