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Indonesian Exchange Indodax Hacked for $20 Million

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By on September 11, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Indonesian Exchange Indodax Hacked for $20 Million appeared first on Coinpedia Fintech News

Indodax, one of Indonesia’s largest cryptocurrency exchanges, got hacked for $20 million in assets. Following the theft, the hacker quickly converted most of the stolen funds into native cryptocurrencies. Currently, the hacker holds 5,584 ETH, worth $13 million over Ethereum and Optimism. Additionally, they possess 6.84 million POL (previously known as MATIC), worth $2.56 million on the Polygon network, 16.7 million TRX, worth $2.55 million on Tron, and 25 BTC, worth $1.41 million.  

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