Justin Sun’s cryptocurrency venture loses over $100m in recent hack
In a Nov. 22 post from the cybersecurity firm Cyvers Alerts, it was reported that a suspicious address received $12.4 million from HTX exchange. At the same time, another address accumulated approximately $85 million from HECO Chain bridge, both linked to Justin Sun’s business ventures. Taken together, the alert suggests that Justin Sun’s Poloniex, a prominent crypto currency exchange, is now facing the results of a loss of more than $100 million in various crypto currencies. Code Red! (Ongoing)Our AI powered system has detected multiple suspicious transactions from @HECO_Chain bridge Suspicious address has received around $85M. Suspicious address: https://t.co/JlMClIM7hg First transaction is 10,145 $ETH from @HECO_Chain bridge to suspicious… pic.twitter.com/IwpqXvhCsU — Cyvers Alerts (@CyversAlerts) November 22, 2023 You might also like: Polars (POL) Blockchain-Based Prediction Marketplace Launches on HECO Chain Additional data from Arkham Intel...