Seychelles-based crypto alternate BigONE, which right now claimed it misplaced $27 million to hackers, remains to be accepting multi-million-dollar deposits from the identical pig butchering gangs it’s already tried to cease.
That’s in accordance with crypto sleuth ZachXBT, who criticized the alternate for processing substantial funds derived from numerous crypto funding scams.
These funds embody $60 million despatched to a single BigONE deposit handle.
In response, BigONE claimed that it froze a portion of the property on the time and that it’s cooperating with legislation enforcement companies.
ZachXBT, nonetheless, famous that the scammers used the account in query for seven months with none penalties.
He added, “Now the same pig butchering group uses a new BigONE deposit address that has received $4.5 million from scams over the past week.”
sizzling take: if extra sketchy offshore exchanges get hacked for giant sums it could be useful for the business (MEXC, Kucoin, and so on) bc it could be a pure cleanse with out authorities overreach
— ZachXBT (@zachxbt) July 16, 2025
BigONE disclosed the hack on X earlier right now. It mentioned person property have been secure and that it could bear the price of the hack.
The exploit focused a sizzling pockets containing BigONE’s property, together with $14 million value of bitcoin, $8.5 million value of tether, and $1.1 million value of ether.
In keeping with crypto safety agency SlowMist, the hackers utilized a provide chain assault and modified the working logic of account and threat control-related servers, permitting them to withdraw the funds.
No personal keys have been leaked within the course of, and BigONE claims its numerous providers, together with buying and selling and asset withdrawals, will resume operation incrementally “to ensure a safe and orderly restoration of services.”
