The news of the day is the fact that the CoinEx exchange has been hacked. Unfortunately, this wasn’t the first time this happened, which might explain most of the outrage from people.
We currently have no exact details on what happened, or why it happened, but that’s not what the CoinEx users are all worried about.
Everyone, including myself, wants our money back as soon as possible of course. I’m well aware that keeping funds in an exchange is never smart, and I personally haven’t lost much.
Now, the thing that is making the headlines on all cryptocurrency sites and blogs is the fact that people lost money, and a lot of people are claiming how the owners of CoinEx have run off with the money.
Allow me to state the obvious here : they haven’t run with the money, they have been hacked. I know the owner of CoinEx, Erundook, is one of the most legit people on this planet.
Granted, having your exchange hacked twice, and your wallets emptied as many times as a result of those hacks, isn’t exactly a great track record.
Erundook has stated that this will happen this time as well, but it will take time to process all information of who owns what, which is only normal.
We will keep you updated on this story as it develops further.