Crypto Exchange HTX Hit by $258 Million Outflow After Hack (1)

The HTXexchange, a digital-asset trading platform linked to China-born industry mogul Justin Sun, has suffered a $258 million net outflow since resuming operations after suffering a major hack.

The funds left the exchange between its Nov. 25 restart and Dec. 10, DefiLlama data show, a sign that some clients were unsettled by last month’s security incident. HTX said it lost $30 million worth of crypto tokens in the breach and temporarily suspended withdrawals and deposits following the attack.

An HTX spokesperson said the outflow is “a small fraction of our total reserves, indicating a stable and robust platform.” ...