user losses

Nobitex: The total amount of stolen assets is approximately 100 million USD, and user losses are fully covered by the reserve fund

ChainCatcher news, the Iranian cryptocurrency trading platform Nobitex has released its fourth announcement regarding the theft incident: "In the ongoing response to the recent security incident at Nobitex, the situation is now under control, and all external access to our servers has been completely severed. Users may notice a significant decrease in their wallet balances on various blockchain networks at Nobitex. This is due to our technical team proactively emptying the hot wallet funds to protect user assets. Therefore, users need not worry about the changes in these wallet balances.The stolen assets have been transferred to a wallet using a non-standard address, composed of random characters, which is distinctly different from the patterns of attacks on traditional cryptocurrency trading platforms. These wallets were subsequently used to destroy and burn user assets. Clearly, the purpose of this attack is not economic gain, but rather an attempt to harm the security and psychological safety of users' assets through deceptive means.The stolen funds can still be publicly tracked on the blockchain network, with the estimated total amount of stolen assets currently around 100 million USD. Furthermore, due to network restrictions and blocked access to external servers, the platform's recovery may take longer than usual. However, Nobitex is making every effort to expedite the repair process. All user assets are fully secured by Nobitex's reserve fund, and users will not incur any financial losses. Further updates will be provided through subsequent announcements."
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