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It is a large, centralized cryptocurrency exchange registered in the Cayman Islands, but with offices in the United States , China and several other countries.<br>https://www.cmnnews.live/biggest-crypto-scams-of-2021/
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Biggest crypto scams of 2021 • In 2021, the crypto market was noted not only by historical highs in the quotes of many well-known digital coins. • For three days, the work of the exchange was suspended, and the management promises to compensate part of the funds to the victims: the damage is estimated at $ 150-200 million. • The hack took place in early December, as a result of which a tenth of this amount was lost – $ 120 million. Moreover, one of the users lost $ 50 million.
Hacking the Bitmart crypto exchange It is a large, centralized cryptocurrency exchange registered in the Cayman Islands, but with offices in the United States , China and several other countries. In early December the breaking underwent its “hot” purses from which were mainly derived token SHIB, USDC, BNB, and some others. For three days, the work of the exchange was suspended, and the management promises to compensate part of the funds to the victims: the damage is estimated at $ 150-200 million, the crypto exchange announced that it would return $ 150 million to the victims of the attack.