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One of the largest and oldest cryptocurrency exchanges, owned by Justin Sun, CEO of the TRON ecosystem, Huobi, has become the target of its former employee’s iToken crypto wallet service. Chinese blockchain and cryptocurrency journalist, Wu Blockchain, reported that some users of Huobi Wallet, now known as iToken, had their wallet addresses’ critical data leaked due to a Trojan horse virus created by the former employee.
Private Keys of Wallet Addresses Leaked
Wu Blockchain reported that some user mnemonics or private keys in the crypto wallet service, formerly known as Huobi Wallet and now called iToken, belonging to the personal X account, were leaked. The leakage of this data has caused panic as it allows third parties to have full access to the wallet addresses.
According to the information provided by the Chinese blockchain and cryptocurrency journalist, the attack targeting the exchange’s wallet service was carried out through a Trojan horse virus created by a former employee of the exchange. In the attack, user mnemonics or private keys of the crypto wallet were leaked.
Furthermore, it is reported that the former employee of Huobi, who carried out the attack, was arrested and interrogated during a police operation.
Crypto Assets Transferred to a Secure Wallet Address
While Huobi’s official crypto wallet, iToken, currently warns users about the security risks associated with certain wallet addresses, the process of recovering the stolen cryptocurrencies has been initiated.
Huobi’s security team has informed the asset protection service, Refundyourcoins, and the stolen cryptocurrencies have been transferred to a secure wallet address. Refundyourcoins will initiate a recovery function that includes Bitcoin, Ethereum, TRON, and XRP, facilitating the retrieval of the stolen cryptocurrencies.
