According to Odaily, MetaBit Capital has released a statement regarding a significant security breach. The private keys for the wallets used for IFCT user withdrawals of MBT have been leaked, resulting in approximately 750,000 MBT being dumped on the market. This has caused a substantial drop in the coin's value.
MetaBit Capital has announced that it will soon implement remedial measures and compensation plans to address this issue. The MetaBit Foundation will also introduce corresponding measures to help the coin's value return to normal as quickly as possible. The specific details of these measures and plans have not been disclosed yet.
The incident has raised concerns about the security measures in place at MetaBit Capital. The company has not yet commented on how the private keys were leaked or what steps it is taking to prevent a similar incident from happening in the future. The impact of this incident on the company's reputation and the trust of its users remains to be seen.