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
Six siblings of Turkish exchange Thodex executives and CEO have been formally arrested, a Turkish court said. And Thodex CEO Faruk Fatih Özer disappeared, leaving behind a collapsed exchange with total losses estimated to range from $24 million to $2.5 billion. Faruk was arrested in August more than a year after fleeing Turkey. In September 2023, Faruk and his siblings were sentenced to 11,196 years in prison and will also pay a fine of 135 million lira (approximately $5 million). Attack method (per SlowMist): Scam. Reported loss: $ 2,500,000,000.
Sourced from
slowmist
Technical record
- chain
- —
- protocol
- Thodex
- bug_class
- rug
- date_occurred
- 2021-04-21
- loss_usd
- $2,500,000,000
- source_id
- sm:thodex::2021-04-21
Related — same bug class· rug