M2 confirms attack: customer funds have been restored and will bear full responsibility for potential losses

Odaily News According to official news, the cryptocurrency trading platform M2 recently issued a statement on the security incident, stating that at 15:16 on October 31, 2024, M2 had a cybersecurity incident involving US$13.7 million, and responded quickly at 15:32. The situation has been fully resolved and customer funds have been restored. M2 assumes full responsibility for any potential losses, and all services are now fully operational with additional controls in place. M2 added that it is committed to maintaining security and compliance standards and actively working with relevant legal and regulatory agencies to ensure that the matter is handled thoroughly and appropriately. Earlier on November 1, according to the on-chain detective ZachXBT's disclosure on his personal channel, the cryptocurrency trading platform M2 was hacked the day before, and the attacker stole approximately US$13 million from multiple on-chain hot wallets.