Justin Sun Promises Airdrop for Hack Victims
Justin Sun, the founder of TRON and lead exec at Poloniex and HTX (formerly known as Huobi), has announced that victims of the recent hacks against the two exchanges will receive an upcoming airdrop of assets. He also confirmed that HTX has resumed withdrawals for certain TRX-related crypto assets.
Hacks and Losses
- In September, HTX experienced a hack in which $8 million worth of crypto was stolen. However, Sun later revealed that the funds had been returned by the perpetrator and considered it a white-hat incident.
- In mid-November, Poloniex, led by TRON’s founder, suffered a similar fate with $125 million in stolen funds.
- Recently, another exploit involving HTX and the HECO chain bridge resulted in an alleged theft of nearly $90 million.
Promising News for Users
Despite ongoing investigations, Justin Sun assured users of both platforms that their losses would be fully covered. He expressed his apologies to those affected by the hacker attacks and emphasized that all assets are safe.
As HTX and Poloniex approach opening deposit and withdrawal, we will initiate an epic airdrop for users with assets. Please stay tuned! My deepest apologies to the users affected by the hacker attacks on HTX and Poloniex. We will cover the loss and All assets are are SAFE.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) November 24, 2023
HTX Global Resumes Deposits and Withdrawals
- Furthermore, Sun announced that HTX Global has resumed deposits and withdrawals with TRX and USDT based on Tron.
- Both hacks against HTX occurred after the company’s rebranding from Huobi Global in mid-September.
Hot Take: Justin Sun Assures Compensation for Hacked Crypto Exchange Users
Justin Sun, the founder of TRON and executive at Poloniex and HTX, has promised an airdrop of assets to victims of recent hacking incidents. He also announced that HTX has resumed withdrawals for certain crypto assets. Despite suffering multiple hacks, including one involving a theft of $125 million, Sun reassured users that their losses would be fully covered. This news comes as a relief to affected individuals who will soon receive compensation for their stolen funds. The resumption of deposits and withdrawals by HTX Global further demonstrates the commitment to restoring normal operations and ensuring the security of user assets. Justin Sun’s proactive approach underscores his dedication to maintaining trust within the crypto community.