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Justin Sun-Backed Crypto Exchange HTX Saw $258M Net Outflow After Hack

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Benzinga

HTX exchange, associated with industry stalwart Justin Sun, has witnessed a $258 million net outflow following its return to operations after a significant hack. What Happened: As per a Bloomberg report on Sunday, the HTX exchange has seen a departure of funds between November 25 and December 10, following its reopening after a massive security breach. According to data obtained from DefiLlama, the large outflow suggests that the security incident last month may have unnerved some clients, prompting them to withdraw their funds. See Also: Is Bitcoin Headed Over The $50K Mark? A Look At The Ape…

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