Noones acknowledges $8 million exploit after ZachXBT raises concerns
Summary
Ad Noones, a peer-to-peer crypto marketplace, experienced a security breach resulting in approximately $8 million in losses. The exploit occurred between January 1 and January 2, affecting the platform's hot wallets across Ethereum, TRON, Solana, and Binance Smart Chain. The stolen funds were moved to Ethereum and BSC and then laundered through Tornado Cash. Initially, Noones did not address the breach, citing a routine maintenance update instead. CEO Ray Youssef later confirmed the breach, attributing it to a vulnerability in the Solana bridge, which has been suspended pending comprehensive security testing. This incident is part of a broader trend of crypto industry exploits.
