Users of are said to have lost $15 million, or at least 4,600 ETH

489, a renowned crypto trading platform, has banned all deposits. Then, and withdrawals as of Monday, January 11, alleging “unauthorized behavior” at some accounts. It has, however, reinstated some accounts and withdrawal services, indicating that the accounts are safe.

So, Several consumers reported on social media that their tens of thousands of dollars worth of digital assets had vanished from the exchange.

Although claims that the accounts are safe, Peckshield, a blockchain security. Then, and data analytics organization, claims that the exchange has lost a whopping $15 million in the recent theft, or at least 4,600 ETH.

Tornado Cash was apparently used to shift the funds, making it harder to track.

Technical glitches on cryptocurrency trading platforms have been increasingly widespread in recent months.

Even some of the most prominent crypto exchanges have experienced significant disruptions during peak demand.

With over 10 million customers, is one of the most popular trading platforms in the United States.

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