From TokenPost · · 40s
MEXC Freezes Qubic Funds After Drain
MEXC freezes Qubic funds after 1,404 wallets drained.
In brief
MEXC freezes Qubic funds after 1,404 wallets drained. MEXC froze Qubic funds after 1,404 wallets were drained by a security flaw. Originally reported by TokenPost.
MEXC freezes Qubic funds
MEXC froze the account that received 12.9% of 2.94 trillion QU drained from 1,404 Qubic wallets.
Network halted
Computers stopped the chain at tick 85,371,949, immobilizing 87.1% of stolen QU on-chain.
Drain timeline
The drain ran from 7:42 p.m. to 9:26 p.m. ET on Oct. 17 (23:42 UTC on Oct. 17 to 01:26 UTC on Oct. 18).
The one thing
MEXC froze Qubic funds after 1,404 wallets were drained by a security flaw.
