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
Virtual Asset Platform HOUNAX Investigated for Fraud. On November 1, HOUNAX was placed by the Hong Kong Securities and Futures Commission (SFC) on a warning list of "Suspicious Virtual Asset Trading Platforms," which is designed to alert investors to risks. On November 29, Hong Kong police reported that 158 Hong Kong investors had been lured by the unlicensed platform HOUNAX and lost approximately HK$155 million ($19.83 million). Attack method (per SlowMist): Scam. Reported loss: $ 19,830,000.
Sourced from
slowmist
Technical record
- chain
- —
- protocol
- HOUNAX
- bug_class
- rug
- date_occurred
- 2023-11-29
- loss_usd
- $19,830,000
- source_id
- sm:hounax::2023-11-29
Related — same bug class· rug