BigONE - Rekt

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BigONE - Rektrekt.news
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BigONE - Rekt

AI summary of the linked article

BigONE suffered a hot wallet hack on July 15 in which about $27 million was drained across five blockchains through a supply chain compromise of its production network, according to SlowMist, which said attackers modified the operational logic of account and risk control servers without stealing private keys. BigONE announced a "Security Incident" involving unauthorized access to its hot wallet, said it had frozen a portion of the assets, and promised full compensation using internal reserves. The article also cites ZachXBT's allegations that BigONE processed funds from pig butchering and romance scams, including a deposit address that handled $60 million in fraud proceeds, and that a scam group kept using the platform for seven months.

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