#JustinSun #TRON #Cryptocurrency #HTX #Poloniex #CryptoExchange #CryptoHeist #Airdrop
Justin Sun, TRON’s founder and the lead executive at Poloniex and HTX (previously known as Huobi), recently made a promise to airdrop assets to victims impacted by the recent security breaches against the two cryptocurrency exchanges. He also informed the crypto-community that HTX had recommenced withdrawal procedures for several TRX-affiliated cryptocurreny assets.
Recollections of the initial attack on HTX, which occurred in late September, involves an illicit actor draining approximately $8 million worth of cryptocurrency. However, Sun communicated that the culprit later returned the stolen funds, deemed the incident a white-hat event, and ensured that subesquent actions were taken to prevent such incidents. Poloniex, another cryptocurrency exchange under the leadership of TRON’s founder, faced a similar scenario in mid-November, resulting in a loss of nearly $125 million contrary to initial reports that estimated the theft to be about $63 million. Just when things started to improve, another exploit occurred on HTX and the HECO chain bridge, where the stolen amount was speculated to be almost $90 million. In these times of constant scrutiny, Sun reassured the users of both platforms that their losses will be fully reimbursed.
In a recent social media post, Sun announced plans for a significant airdrop for platform users owning assets, as HTX and Poloniex were in the process of reopening deposit and withdrawal functionalities. He also reiterated his apologetic stance to the affected users and reassured them that their loss would be covered and all assets are secure. On top of this, Sun affirmed that HTX Global had resumed accepting deposits and withdrawals with TRX and USDT based on Tron’s framework. It is critical to highlight that the attacks against HTX came in the wake of the company’s rebranding from Huobi Global, which coincided with its 10th-anniversary celebrations in mid-September.
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