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Crypto Exchange HTX Recovers $8 Million Lost to Hacker in Rece | Crypto LVL

Crypto Exchange HTX Recovers $8 Million Lost to Hacker in Recent Security Breach

HTX, the crypto exchange operated by Huobi Global, has successfully regained the funds that were stolen by a hacker in a security breach that occurred in late September.

After reseiving the funds, HTX also offered the hacker a 250 Ether bounty as a token of appreciation.

"We have confirmed that the hacker has fully returned all funds, as promised, and we have also paid the hack a white hat bonus of 250 ETH," Huobi Global investor and HTX adviser Justin Sun said in a recent post on X.

Sun also emphasized the ongoing commitment to strengthening blockchain security and protecting user assets, acknowledging the challenges associated with this task and expressing appreciation for the support of HTX's users and community.

As reported, HTX experienced a security breach in late September that resulted in the loss of $8 million worth of crypto assets.

The breach involved the draining of 5,000 ETH from one of HTX's hot wallets.