Exmo crypto exchange suffers hack, halts all withdrawals

Cointelegraph

Published Dec 21, 2020 07:21AM ET

Updated Dec 21, 2020 09:00AM ET

Exmo, a cryptocurrency exchange headquartered in the United Kingdom, has suffered a major security breach causing the platform to freeze all withdrawals.

According to a Dec. 21 security notice, Exmo detected suspicious withdrawal activity on Monday, with large amounts of major coins like Bitcoin (BTC) leaving the platform’s hot wallets.

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