Justin Sun-related crypto platforms hacked 4 times in 2 months

cointelegraph.com:

Tron founder Justin Sun's crypto businesses have come under repeated attack from hackers over the past two months, with at least four hacks of the largest exploits targeting platforms related to the crypto entrepreneur.

Sun’s HTX crypto exchange has been hacked at least twice since the platform rebranded from Huobi on Sept. 13, 2023. The first HTX hack occurred just a few days after the rebranding, with an unknown attacker stealing nearly $8 million in crypto on Sept. 24, 2023.

In its second hack, HTX reportedly lost $13.6 million due to a hot wallet breach in an incident that affected the wider HTX, Tron and BitTorrent ecosystem. Previously known as Huobi, HTX was acquired by Sun in October 2022.

The hackers have also focused on other Sun-related cryptocurrency platforms, including Sun-owned cryptocurrency exchange Poloniex and Huobi’s HTX Eco Chain (HECO) bridge.

Poloniex suffered a significant security breach on Nov. 10, when attackers stole at least $100 million in cryptocurrency from the exchange. Sun, who acquired the business in 2019, reported on X (formerly Twitter) that Poloniex disabled the wallet. According to the blockchain security firm CertiK, the incident was likely a “private key compromise.”

Huobi’s HECO chain bridge, a tool designed for moving digital assets between HECO and other networks like Ethereum, also suffered a massive breach. On Nov. 22, unknown hackers compromised HECO, sending at least $86.6 million to suspicious addresses.

The platforms lost a combined sum of around $208 million in all four hacks over the past two months. Despite Tron founder Sun’s promise to compensate losses for all four incidents, some crypto enthusiasts have urged the community to stay away from Poloniex and HTX, with several