Coinbin Hack
REPORTED LOSS
$26.0M
What happened
Quick Summary
Coinbin employees exploited access to private keys, leading to bankruptcy and shutdown of the project.
Details of the Exploit
An employee of Coinbin allegedly had access to the private keys of multiple accounts. The employee was able to exploit this access to siphon off funds from these accounts. As a result of this exploit, Coinbin was forced to file for bankruptcy and shut down operations, leaving users without access to their funds.
Case & protocol details
Classification
CeFi / Rugpull
Protocol Type
Exploit/Access control
Official Website
www.coinbin.co.kr/
Evidence & learning
Attack pattern
Compare incidents →Sources and on-chain records
- report Report ccn.com
- report Report twitter.com
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