🔥 Massive Security Breach on Indodax, Indonesia’s Largest Exchange! 🔥

The oldest and largest crypto exchange in Indonesia, Indodax, has suffered a major hack, with $22 million worth of crypto stolen, including 9 billion SHIB tokens! 😱 This shocking attack has left many crypto enthusiasts concerned about the security of their funds. Here's what we know so far: 👇

🔐 Key Details of the Hack:

- Hacker’s Haul: A total of $22 million in stolen funds

- Stolen SHIB Tokens: 9 billion SHIB tokens among the affected assets 💸

- Other Tokens Affected: Bitcoin (BTC), Ethereum (ETH), Tron (TRX), Chainlink (LINK)

- Conversion of Stolen Funds: The hacker has already converted most of the stolen crypto into BTC and ETH 🪙

🚨 Exchange’s Response 🚨

William Sutanto, co-founder of Indodax, has confirmed that the platform is taking swift action to cover all losses. Investigations are underway, with blockchain security firm SlowMist ruling out the possibility of a hot wallet breach. Instead, the withdrawal system may have been compromised. 🔍

⚠️ Past Breaches and Security Concerns ⚠️

This isn’t the first time Indodax has faced a security breach. In 2018, the exchange was rumored to be the victim of a North Korean Lazarus Group hack, losing $25 million. Could history be repeating itself?

🔍 More Hacks in the Crypto World:

Recently, the notorious WarizX hacker who stole $100 million SHIB tokens reappeared, laundering over $30 million worth of ETH in just eight days! The stakes in the crypto space continue to rise, as security challenges grow. ⚡

💥 Stay Safe and Secure!

With such incidents on the rise, it’s more important than ever to secure your crypto assets. Always use hardware wallets, enable 2FA, and stay vigilant to avoid falling victim to similar hacks!

👇 What are your thoughts on this breach? Share your security tips in the comments! 👇

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