Cryptocurrency [loss] $4M+

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2024-06-22 [vendor] Sportsbet.io [chain] tron
Primary Source ↗
Financial Loss $3.5M (3,500,000 USD)
Blockchain(s) Tron

Incident Details

It appears that the online crypto sports betting platform Sportsbet.io suffered a theft of around $3.5 million in USDT and Tron’s TRX tokens. The theft was observed by crypto sleuth zachxbt, who noted that the theft seems to have been perpetrated by the same attacker who stole at least $55 million from the BtcTurk cryptocurrency exchange only hours earlier.SportsBet has not yet disclosed any theft.

Total loss estimated at $3,500,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
Sportsbet.io

Timeline

  1. 2024-06-22 Breach occurred
  2. 2024-06-22 Publicly disclosed