Crypto investor faces exchange hack again after recovering stolen assets, raising security concerns among users.
Taeeki Maeda, a user of FTX exchange, finally recovered assets stolen from the exchange after a long wait, only to become a victim of one of the biggest cryptocurrency thefts in history on Binance again. FTX, which went bankrupt in 2022, had frozen millions of users’ assets. Yesterday, Binance was targeted in a cyber attack where hackers stole around $1 billion from the platform, including $1.4 billion worth of Ethereum (ETH) and staked Ethereum (stETH). This incident has raised concerns among users about the security of their assets in centralized exchanges.
