PANews reported on February 4 that the crypto exchange XeggeX posted a message on the X platform yesterday afternoon: "The CEO account was hacked, the TG account and the xeggex community group were lost, and we still don't know the details. In addition, what is important at this moment is that we successfully locked the wallet to ensure the safety of funds. Since we disconnected the database from the network, the login problem still exists, and we will check everything in the background. After we get more extensive information, the next news will be more detailed."
However, two hours before XeggeX released the above announcement, crypto media BlockTempo analyzed: "XeggeX is suspected of exploding, and many users left messages under the official pinned post reflecting that they were unable to log in to the platform. In addition, a query on the official website found that all tokens have been removed from the shelves, exacerbating market concerns. The market suffered a bloodbath yesterday, which may have caused a large number of users to rush in to withdraw funds, triggering a run crisis. If the platform cannot resume normal operations, it is very likely to run away." According to PANews, the XeggeX website currently only shows "We are coming back soon" and has not yet resumed normal operations.
