VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
Root cause
Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Forensic narrative
Bitfinex is accused of sending 850 million U.S. dollars to Crypto Capital Corp, a payment processor believed to be located in Panama, without informing customers, and withdrawing at least 700 million U.S. dollars from Tether's reserves after the funds were lost. Attack method (per SlowMist): Scam. Reported loss: $ 851,000,000.
Sourced from
slowmist
Technical record
- chain
- —
- protocol
- Bitfinex
- bug_class
- rug
- date_occurred
- 2019-04-26
- loss_usd
- $851,000,000
- source_id
- sm:bitfinex::2019-04-26
Related — same bug class· rug