TechFlow, July 24 — Cyvers Alerts posted on social media that "multiple suspicious transactions involving WOO X have been detected across the BTC, ETH, BNB, and ARB networks, with estimated losses exceeding $12 million.
On the Ethereum network, a suspicious address received $1 million worth of USDT and additional ETH from WOO's hot wallet. The $1 million in USDT was subsequently swapped into ETH, followed by the transfer of approximately $7.3 million to a new address."
The WOO team has confirmed the incident, stating, "We are investigating a limited incident that occurred earlier today on the WOO X platform." User funds and trading remain unaffected, but withdrawals have been temporarily suspended during the investigation.
Add to Favorites
Share to Social Media
