Justin Sun says HTX hacked for 5,000 ETH but will cover losses

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Justin Sun says HTX hacked for 5,000 ETH but will cover losses
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The trading platform formerly known as Huobi lost $7.9 million of ether in a hack. But it will cover client losses, according to Sun.

due to a hacker attack," he posted, while aiming to reassure customers."HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues."

The HTX advisor went on to say that the pilfered ether"represents a relatively small sum in comparison to the $3 billion worth of assets held by our users. Sun also stressed the amount of ether stolen equates to about two weeks worth of revenue for HTX.changed its name to HTX. The offshore trading platform is hoping the rebrand will help boost user adoption while in the years to come it applies for more licenses in more jurisdictions.

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