Fetch.ai Hacked account: $2.60M Reported Loss
According to Reuters, a High Court judge in London granted artificial intelligence firm Fetch.ai’s request, ordering Binance to track down the hackers who stole $2.6 million in assets from Fetch.ai’s Binance account and freeze the stolen assets.
- Reported loss
- $ 2,600,000
- Attack category
- Hacked account
Incident Overview
Fetch.ai, founded in the U.K. and Singapore to develop artificial intelligence projects for blockchain databases, claims fraudsters hacked into their cryptocurrency accounts on the Binance exchange on June 6. A Binance spokesperson said that to protect users’ property, Binance regularly freezes accounts identified as having suspicious activity.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.