Cyvers Alerts tweeted, "Multiple suspicious transactions were detected involving WOO X, covering the BTC, ETH, BNB and ARB networks, with estimated losses in excess of $12 million.
On the Ethereum network, a suspicious address received $1 million worth of USDT and additional ETH from WOO's hot wallet. The $1 million of USDT was subsequently exchanged for ETH, after which about $7.30 million was transferred to a new address. "
The WOO team has confirmed the incident and said: "We are investigating a restricted incident that occurred on the WOO X platform earlier today." At this time, user funds and transactions have not been affected, but the platform has temporarily suspended withdrawals while the investigation continues.
Cyvers Alerts: WOO X suspected of attack, loss of more than 12 million dollars
2025-07-24 16:11:06
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