2gether, a European-based cryptocurrency trading platform, was recently targeted by an unknown group of hackers, as they stole over 1.183 million Euros ($1.39M) from the service’s investment accounts in a cyberattack on July 31.
It has been reported that Ramon Ferraz Estrada, the CEO of 2gether, revealed in a series of Twitter posts that the hack affected crypto investment accounts and exposed user passwords, though he noted that Euro accounts and wallets “are safe.”
Hola a todos. Compartimos un vídeo en el que Luis Estrada, Salvador Casquero y yo mismo explicamos los acontecimientos. Estamos trabajando en la subida de la App, en breve os damos más detalle al respecto. https://t.co/M0P4DuxoAh — Ramón Ferraz Estrada (@monchoferraz) August 3, 2020
However, to compensate for the stolen funds, 2gether has offered customers its native 2GT token at a price equivalent to 5 cents each.
The 2gether team will also attempt to allocate additional funds to cover any remaining losses.
Also, the crypto trading platform stated that its app will be reestablished as soon as possible, “with all the security measures available.”
Unknown hackers breached 2gether’s servers, stealing over $1.39 million from crypto-investment accounts https://t.co/NshCChV8JD — Cointelegraph (@Cointelegraph) August 3, 2020
Thus, the report said that the company will also hold an Ask Me Anything (AMA) session on Reddit to clarify any doubts customers may have regarding the attack.