Triple-A Treasury Wallet Hacked, Approximately $11.8 Million Lost

TechFlow news, on July 27, according to Cointelegraph, Singapore stablecoin payment company Triple-A confirmed its treasury wallet was accessed without authorization, and on-chain investigator Specter estimated losses at approximately $11.8 million. The company stated that customer funds are stored in separate trust accounts and were not affected by this incident, and relevant losses will be covered by the company's own financial reserves. Currently, Triple-A has restored all services and is collaborating with cybersecurity experts, blockchain forensic agencies, and the Singapore Police Force to launch an investigation to track the stolen assets.