Cryptocurrency
[loss] 2.0B+
"Thodex CEO Denies Rug-Pull, Discloses Cyberattacks, Says 'Funds Are Safe'"
Primary Source ↗Financial Loss
$2.00B
(2,000,000,000 USD)
Blockchain(s)
Bitcoin
Incident Details
Turkish Bitcoin exchange Thodex halted trading and limited customers’ access to their investments, claiming it was to investigate suspicious activity and swearing it was not an exit scam. With an international manhunt now underway for the Thodex CEO, and no sign of the approximately $2 billion that was invested in the platform, it seems awfully likely it was a rug pull.
Total loss estimated at $2,000,000,000.
Technical Details
- Initial Attack Vector
- Withdrawal halt / insolvency
- Vendor / Product
- Thodex exit
Timeline
- 2021-04-21 Breach occurred
- 2021-04-21 Publicly disclosed