An important statement came from TRON founder Justin Sun. Sun addressed the users who suffered losses as a result of the hack in the stock exchange recently. The founder promised to launch an “epic airdrop” to support these users. Here are the details…
TRON founder promises airdrop
HTX (formerly known as Huobi Global) was an exchange for which Justin Sun was a global advisor. However, it was attacked by hackers on November 22. At that time, Sun announced that they were suspending withdrawals and deposits. The stock exchange had made a statement that the losses would be fully compensated. Chinese cryptocurrency tycoon Justin Sun, founder of Tron (TRX), has surprisingly promised to launch an ‘epic airdrop’ to support users affected by recent hacker attacks on centralized exchanges Poloniex and HTX. As we reported as Kriptokoin.com, separate attacks in the past weeks caused significant losses reaching at least 238 million dollars in total.
As HTX and Poloniex approach opening deposit and withdrawal, we will initiate an epic airdrop for users with assets. Please stay tuned! My deepest apologies to the users affected by the hacker attacks on HTX and Poloniex. We will cover the loss and All assets are are SAFE.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) November 24, 2023
Making a statement on X (formerly Twitter), Sun apologized to users affected by the attacks and tried to reassure them about the security of their assets. Sun’s statement also included a commitment to compensate users affected by the attacks. “As HTX and Poloniex get closer to opening deposits and withdrawals, we will launch a legendary airdrop for users with assets. I offer my deepest apologies to the users affected by the hacker attacks on HTX and Poloniex. We will cover the damage. “All assets are safe,” he said.
What is the importance of airdrops?
Airdrops, a common practice in the field of decentralized finance, are a rarity in the field of centralized exchanges. Sun’s announcement stands out as a departure from traditional practices aimed at providing relief to users who suffered losses in attacks on Poloniex and HTX. Sun went on to reassure Poloniex users that the exchange would fully refund affected funds within an hour of the attack. He suggested that these losses could be covered by Poloniex’s operating income. In an unexpected move, Sun also made a public offer to the Poloniex attacker, giving them a 5% white hat reward and seven days to consider the offer before facing legal consequences.
Separately, on November 22, HTX and its associated cross-chain infrastructure Heco Bridge faced simultaneous attacks. According to the data, Heco Bridge suffered a loss of approximately $87 million, while HTX’s wallets suffered a total loss of $26 million, resulting in a total loss of $113 million. HTX reported that $30 million of their wallet was at risk during the attack.
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