Community members believe the exchange’s support team should have frozen the account before the funds were transferred.
A crypto trader shared a troubling experience on the Binance exchange moments before losing $70,000 in digital assets to a hacker.
On Feb. 29, a pseudonymous trader who goes by the username “DoomXBT” posted a thread on X sharing “strange” occurrences before losing funds on Binance. From putting up trade orders to taking out loans, the hacker fiddled with the account before finally withdrawing the crypto assets.
According to Doom, there were sudden sound notifications of orders getting filled on their Binance account, seemingly indicating that the account was compromised. While there were no withdrawals, the trader saw various trades performed and assets exchanged for BNB (BNB) tokens.
