Blockchain security firm Hacken has tweeted that a total of $23 million was stolen from Alphapo's hot wallet. Out of this amount, $11 million was transferred to BTC via the Avalanche Bridge, while the remaining funds are still located in the following attacker's addresses:
0x040a96659fd7118259EBCD547771f6eCb9580d17
TJF7mdFxDuHB4tb9hoyR4SCpKxk7gr23ym
The stolen assets include 100.2 million FTN tokens, 6 million USDT tokens, 2500 ETH tokens, 108,000 USDC tokens, 118 million TRX tokens, 430,000 TFL tokens, and 1700 DAI tokens.
Earlier today, according to ZachXBT monitoring, Alphapo's hot wallet was compromised, resulting in a theft of $23 million. Alphapo's customer, HypeDrop, has already disabled withdrawal functions. The stolen funds were initially transferred across different blockchains, including Ethereum, Avalanche, and BTC networks.
In addition, CertiK analysis suggests that the current evidence points to the event being caused by a private key leak. This incident is part of a larger trend, with a total loss of $214 million due to private key leaks in 2023.
Alphapo is a payment processor that offers instant transactions for over 30 different digital assets and a range of fiat currency balances. The company is most renowned as a cryptocurrency gateway for many gambling platforms, including HypeDrop, Ignition, and Bovada.