Bitcoin Mining Pool BTC.com Faces Cyberattack and $3 Million Loss of Funds

Coinspeaker
Bitcoin Mining Pool BTC.com Faces Cyberattack and $3 Million Loss of Funds
BTC.com, one of the largest crypto mining pools, suffered a major cyberattack which resulted in a significant loss of customer funds. Parent firm BIT Mining Limited made the announcement on Monday, December 26.
Bitcoin Mining Pool and Recent Cyberattack
As reported by BIT Mining, the attack took place earlier this month on December 3 with the attackers stealing around $700,000 in client assets and a staggering $2.3 million in company attacks. BIT Mining has reported this cyberattack to law enforcement authorities in Shenzhen, China.
As a result, the local authorities have launched an investigation into the matter. They have started collecting evidence and have requested assistance from several agencies in China. The announcement from BIT Mining notes that their efforts have helped BTC.com recover some of its assets.
“The Company will devote considerable efforts to recover the stolen digital assets,

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