Victims of $200 million hack of BitMart crypto exchange still waiting to get their money back

Victims of $200 million hack of BitMart crypto exchange still waiting to get their money back


Illustration by Alex Castro / The Verge

Cryptocurrency exchange BitMart promised a full reimbursement to the victims of the platform-wide $200 million hack, but some users still haven’t gotten their money back, according to a report from CNBC. Hackers made off with a variety of tokens on December 4th after using a stolen privacy key to gain access to one of BitMart’s hot wallets, otherwise known as a crypto wallet that’s connected to the internet.

Shortly after the incident, BitMart announced that it would use its own funding “to cover the incident and compensate affected users.” However, as CNBC reports, there are still several frustrated users who have yet to see their funds returned.

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