- A suspicious transaction involving $2.7 million was flagged at Remitano.
- Tether has frozen an address believed to be associated with the attacker.
- The transaction was flagged by Cyvers Alerts, a platform that offers real-time security alerts.
Some suspicious activities have been reported on Remitano, a cryptocurrency exchange platform headquartered in Seychelles. Notably, the platform witnessed substantial withdrawals on September 14, with a single account draining over $2.7 million worth of cryptocurrencies from its wallet.
Tether has taken action by freezing an address believed to be associated with the attacker, potentially safeguarding $1.4 million in customers’ cryptocurrency assets.
What is happening at Remitano?
Around 12:45 p.m. on September 14th, a Remitano hot wallet, allegedly only known to the platform, initiated transfers to an address lacking any prior transaction history.
This transfer comprised approximately $1.4 million worth of Tether (USDT), $208,000 worth of USD Coin (USDC) stablecoins, and 104,000 Ankr tokens, valued at $2,000 at that time. All these assets were moved to the address 0x74530e81E9f4715c720b6b237f682CD0e298B66C1.
Cyvers, a blockchain company, later issued warnings about these suspicious transactions, but Remitano has yet to provide an official statement regarding the incident.
🚨ALERT🚨Our ML-driven system has detected
multiple anomalous transactions with @remitano
exchange, resulting in a total loss of $2.7M across 3
— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) September 14, 2023
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