Cryptocurrency Q&A Will COINEX refund users after a $70 million hack?

Will COINEX refund users after a $70 million hack?

Bianca Bianca Tue Jul 16 2024 | 6 answers 1316
With the recent $70 million hack incident involving COINEX, investors and users alike are understandably concerned about the security of their funds and the platform's ability to compensate for any potential losses. Given the significant scale of the hack, the question that naturally arises is: Will COINEX refund users after this $70 million hack? This is a crucial question that demands clarity and transparency from the exchange, as it not only impacts the financial well-being of its users but also the trust and reputation of the platform itself. With so much money at stake, users are eager to know if and how COINEX plans to address this issue and ensure that they are protected in the future. Will COINEX refund users after a $70 million hack?

6 answers

Riccardo Riccardo Thu Jul 18 2024
However, the exchange has not yet provided clarity on whether affected users will be refunded for any losses incurred due to the hack.

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Carolina Carolina Thu Jul 18 2024
Cointelegraph has initiated contact with CoinEx to inquire about the potential of user reimbursements in the wake of the $70 million hack that impacted the cryptocurrency exchange.

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StormGalaxy StormGalaxy Thu Jul 18 2024
The hack, which occurred recently, has left many users concerned about the safety of their assets on the platform.

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SumoPower SumoPower Thu Jul 18 2024
In response to the incident, CoinEx has announced plans to gradually resume deposits and withdrawals of select cryptocurrencies.

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SsamziegangSerenadeMelodyHarmonySoul SsamziegangSerenadeMelodyHarmonySoul Wed Jul 17 2024
Cointelegraph's outreach aims to gather information on CoinEx's plans to address the situation and provide clarity to its user base.

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