Two Crypto Platforms Linked to Justin Sun Hit by Hacker Attacks

Two projects connected to digital-asset entrepreneur Justin Sun, including the crypto exchange HTX, where hacked in separate exploits that may have drained more than a combined $110 million worth of cryptocurrencies.

Sun confirmed in a tweet on Wednesday that HTX had suffered a hack and that the exchange had “temporarily” suspended deposits and withdrawals, without providing details on the amount lost. An HTX spokesperson said some $30 million worth of cryptocurrencies were stolen from its exchange wallet, adding that the platform is investigating the incident.

Blockchain research firm CryptoQuant separately said the HECO Bridge, a network set up ...