Other

"BKEX Announcement on Suspension of Withdrawals"

2023-05-29 [vendor] BKEX
Primary Source ↗

Incident Details

The BKEX crypto exchange announced on May 29 that they would be suspending withdrawals, claiming it was related to a police investigation. “Recently, the platform users’ funds were involved in ‘money laundering’ and BKEX is currently cooperating with the police to collect evidence, for which we will suspend withdrawals to cooperate with the work”, they wrote in an announcement on their website.The exchange offered no estimate of when withdrawals might be re-enabled.

Technical Details

Initial Attack Vector
Withdrawal halt / insolvency
Vendor / Product
BKEX

Timeline

  1. 2023-05-29 Breach occurred
  2. 2023-05-29 Publicly disclosed