RootData 2025 Top 50 VCs & Top 100 Projects Unveiled! [View Details]
API Download the RootData App

Jiang Zhuoer: The BTC in Mixin BOX should not have been stolen

Sep 19, 2024 02:23:55

Share to

ChainCatcher news, Jiang Zhuoer, the founder of the Liebit mining pool, stated on Weibo that the theft of 200 million dollars from Mixin is quite suspicious, as the BTC in BOX should not have been stolen.

Jiang Zhuoer mentioned that the BTC in BOX, since it is a long-term investment and not circulating, should normally exist in a cold wallet. If the server was hacked, it is possible for coins that are circulating, like BOX and XIN, to be stolen from a hot wallet, but it is impossible for the BTC in a cold wallet to be stolen. However, now BTC has been stolen, while BOX and XIN have not? Moreover, the operating party announced a 50% compensation without waiting for the investigation results, and the source of the compensation amount is questionable.

Recent Fundraising

More
$10M Oct 25
-- Oct 25
-- Oct 24

New Tokens

More
Loyal LOYAL
Oct 23
Oct 20
Oct 20

Latest Updates on 𝕏

More