Security· ★★★· bearish·

ZachXBT accuses CoinEx of inaction after Lazarus Group attack

  • ZachXBT told CoinEx its funds were being withdrawn through the platform after a Lazarus Group hack
  • The exchange did not respond to the outreach and did not help freeze the assets
  • CoinEx announced liquidation, with withdrawals open until December 22
Why it matters: The case highlights the risks of weak cooperation between exchanges and investigators when stolen funds are laundered.
Source: PANews