Bitmart Hot Wallet Drain
Single private-key compromise drained $196M from two Bitmart hot wallets on Ethereum and BNB Chain; CEO Sheldon Xia compensated users from reserves.
Loss
196.0M
USD
Victim dossier
Bitmart
Total losses
$196.0M
1 incident
An archive of cryptocurrency security incidents — hacks, exploits, bridge failures and rug pulls, documented with on-chain evidence.
Single private-key compromise drained $196M from two Bitmart hot wallets on Ethereum and BNB Chain; CEO Sheldon Xia compensated users from reserves.