Coinsbuy Offers $100K Bounty Following Security Breach

Cryptocurrency platform Coinsbuy has announced a $100,000 reward for information leading to the recovery of funds or the identification of perpetrators following a security breach on Sunday.

Coinsbuy stated that it has fully covered all affected client funds following the unauthorized withdrawals. Meanwhile, on-chain investigators have estimated that more than $7.9 million was drained from platform wallets during the incident.