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Crypto Trading Firm Wintermute Loses $160 Million in Hacking Incident

21
Sep
2022
Crypto Trading Firm Wintermute Loses $160 Million in Hacking Incident

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In what’s the latest crypto heist to target the decentralized finance (DeFi) space, hackers have stolen digital assets worth around $160 million from crypto trading firm Wintermute.

The hack involved a series of unauthorized transactions that transferred USD Coin, Binance USD, Tether USD, Wrapped ETH, and 66 other cryptocurrencies to the attacker’s wallet.

The company said that its centralized finance (CeFi) and over-the-counter (OTC) operations have not been impacted by the security incident. It did not disclose when the hack took place.

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