Coinspect disclosed wallet vulnerabilities dating back to 2018, and last month related wallets were suspected of being hacked for $3.14 million.

Odaily Planet Daily News According to Coinspect Security monitoring, by analyzing crypto wallet seeds generated using insecure code since 2018, they found that thousands of seeds had been actually used, and only last month, 3.14 million US dollars in suspected stolen funds were discovered in related wallets. Coinspect Security stated that some funds exhibit patterns of centralized transfers to a single address and money laundering, and one affected address transferred out another 2 million US dollars just hours after the alert was issued, though it is unclear whether it was theft. Additionally, Coinspect Security specifically issued a warning to the Chinese community, believing that many users whose assets remain at risk may be located in China.
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