PANews reported on July 25 that cryptocurrency trading platform WOO X released an update on the X platform saying that the attack originated from a team member's device being hacked in a targeted phishing attack, allowing the attacker to access the development environment. Although multiple security measures restricted access rights, it still gave the attacker time to coordinate a series of withdrawal operations from the user account mentioned in the previous message. The team is conducting a comprehensive forensic review and is prioritizing the reopening of withdrawal services for all users. Once the relevant work is completed, the progress will be updated here immediately.

Previously, WOO X said that the attack has caused a loss of 14 million US dollars and promised to fully compensate the affected users.