After theft of $77.7 million, victim AscendEX to reimburse customers

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Jonathan Greig

Written by

Jonathan Greig, Staff Writer

Jonathan Greig

Jonathan Greig
Staff Writer

Jonathan Greig is a journalist based in New York City.

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on December 15, 2021

| Topic: Security

Crypto platform AscendEX has pledged to reimburse their customers, who lost a total of $77.7 million in a hack on December 11.

In a series of Tweets, the company said it is in the process of “standing up a new hot wallet infrastructure” and estimated that deposits and withdrawals would resume over the next two days. 

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