As a result of the attack, the company stated that it has halted all trading, deposits, and withdrawals to allow for a comprehensive investigation. This attack adds to this year’s list of exploits with the most recent one targeting Ethereum.
After learning about the attack, FPG explained that it immediately locked all third-party accounts and moved the contents of these accounts to reduce risk while the brokerage tried to determine what had happened.
According to the company, if it had employed any other operational dynamics other than its distinctive “account segregation” approach, the attack and its related impact would have been worse.
After learning about the attack, FPG explained that it immediately locked all third-party accounts and moved the contents of these accounts to reduce risk while the brokerage tried to determine what had happened.
According to the company, if it had employed any other operational dynamics other than its distinctive “account segregation” approach, the attack and its related impact would have been worse.