Financial Platform Incident: Withdrawal Suspension Amid Unauthorized Transactions Investigation

Trading platform WOO X has suspended withdrawals indefinitely amid allegations of unauthorized transactions amounting to over $13 million.

According to the exchange’s official statement, a security incident was detected on Thursday, affecting nine user accounts. The unauthorized withdrawals were placed without users’ consent or knowledge, resulting in an estimated loss of more than $13 million.

Source: cryptobriefing.com