Victims of $200 million hack of BitMart crypto exchange still waiting to get their money back
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Illustration by Alex Castro / The Verge
Cryptocurrency exchange BitMart promised a full reimbursement to the victims of the platform-wide $200 million hack, but some users still haven’t gotten their money back, according to a report from CNBC. Hackers made off with a variety of tokens on December 4th after using a stolen privacy key to gain access to one of BitMart’s hot wallets, otherwise known as a crypto wallet that’s connected to the internet.
Shortly after the incident, BitMart announced that it would use its own funding “to cover the incident and compensate affected users.” However, as _CNBC_reports, there are still several frustrated users who have yet to see their funds returned.
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