Two Crypto Platforms Linked to Justin Sun Hit by Hacker Attacks

  • Crypto exchange HTX halts withdrawals and deposits after hack
  • Attack is third breach of Sun-linked platform since September

Justin Sun.

Photographer: Ore Huiying/Bloomberg
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Two projects connected to digital-asset entrepreneur Justin Sun, including the crypto exchange HTX, where hacked in separate exploits that may have drained more than a combined $110 million worth of cryptocurrencies.

Sun confirmed in a tweet on Wednesday that HTX had suffered a hack and that the exchange had “temporarily” suspended deposits and withdrawals, without providing details on the amount lost. An HTX spokesperson said some $30 million worth of cryptocurrencies were stolen from its exchange wallet, adding that the platform is investigating the incident.