Remitano Crypto Exchange Faces Possible Hack, $2.7 Million Withdrawn in Suspicious Transactions
On September 14, crypto exchange Remitano faced an alarming situation with a suspicious withdrawal of approximately $2.7 million in cryptocurrencies, triggering concerns of a potential security breach.
Around 12:45 UTC, Cyvers, a blockchain analytics platform, alerted the crypto community about these potentially suspicious activities. They noted that a well-known Remitano hot wallet initiated transfers to an address without transaction history.
This transaction involved about $1.4 million in Tether (USDT), $208,000 in USD Coin (USDC), and 104,000 Ankr tokens (equivalent to $2,000 at the time).
In a swift response, Tether took action by freezing the address, effectively halting any further movement of the USDT and thereby safeguarding $1.4 million of the drained crypto.
Later, at approximately 3:21 UTC on September 15, PeckShieldAlert reported a continued concerning development.
Remitano exchange faced more suspicious transactions, resulting in over $2.7 million draining from its Ethereum and TRON blockchain wallets.
According to, PeckShieldAlert, Tether took decisive action by freezing two addresses linked to the attacker on Ethereum, BCH, and TRON. This move secured the entire $2.7 million worth of USDT.
PeckShieldAlert further disclosed that the individual operating on the Ethereum blockchain exchanged the stolen USDC and Ankr tokens for approximately 163 ETH, valued at around $264,000, and subsequently transferred these funds to the HitBTC exchange.
In 2023, a concerning trend of crypto exchange hacks emerged, resulting in the compromise of private keys and the theft of significant amounts of cryptocurrency.
U.S. authorities have attributed these attacks to the Lazarus Group, a cybercrime organization believed to have
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