The institutional cryptocurrency broker Floating Point Group (FPG) announced to customers on June 14 that they would be suspending all activity on their platform following a “cyber security incident” that had occurred on June 11. “While the loss at this point is still being investigated and analyzed, the number as we understand it today is between $15M-$20M in cryptocurrencies lost,” they wrote on Twitter.The group announced that they were working with “the FBI, the Department of Homeland Security, our regulators and Chainalysis” to investigate the attack. The group had previously earned SOC 2 certification for its cybersecurity controls.

Total loss estimated at $15,000,000.