BigONE Exchange has confirmed a security breach resulting in the theft of over $27 million in user assets. The stolen funds comprised significant amounts of Bitcoin (BTC), Ethereum (ETH), TRON (TRX), and Solana (SOL).
The exchange has publicly pledged to cover all user losses stemming from the incident. Furthermore, BigONE announced plans for a thorough review and enhancement of its security infrastructure to prevent future compromises.
Adding controversy to the situation, independent blockchain investigator ZachXBT has publicly linked BigONE to prior illicit activities. These allegations include involvement in past scams and fraudulent investment schemes.
This incident underscores persistent vulnerabilities faced by cryptocurrency exchanges globally. It highlights the critical, ongoing need for robust security measures within the industry. Information indicates the stolen assets were consolidated within the hacker’s wallets as BTC, ETH, TRX, and SOL.