Indodax Hack: Hacker Steals $20M
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Indonesian crypto exchangeCoinGape
•Indonesian Crypto Exchange Loses $20 Million Following Hack
62% Informative
Indonesian crypto exchange Indodax suffered a $20 million exploit, with the hacker stealing $ 20million .
Onchain analytics platform revealed in an X post that the hacker had swapped most of the stolen assets for native cryptocurrencies including Bitcoin and ETH .
IndodAX has yet to release a complete report on how the exploit occurred.
In July , the Indian crypto exchange WazirX was hacked, with $230 million stolen.
The hacker currently holds 5,204 ETH ( $12 million ) and 25 BTC ( $1.41 million ) among several other crypto assets.
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