SYS Coin Historic price growth Case (50000%) - Binance Exchange control FlawsteemCreated with Sketch.

in #mgsc • 6 years ago

At 2018/07/03 20:18:00 (UTC), irregular trades were detected from a number of users, triggering the internal risk management system of Binance. As such, Binance made a timely decision to suspend trading, withdrawals and other account functions. 11 Sys coin was bought at 96BTC.

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The hackers got a hold of Binance API keys and used users Bitcoin balances to buy the overpriced $SYS they listed for sale. It’s unclear if the hackers got their money out of Binance yet but there were transfers of $50M out of Binance near the same time.

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Binance have activated another Feature named as SAFU, To protect the future interests of all users, Binance will create a Secure Asset Fund for Users (SAFU)

#bitcoin #streemit #blockchain #hot
6 years ago in #mgsc by
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