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Attacked by Korean hackers, Indodax claims users’ asset balances are safe

Oscar Darmawan, CEO of Indodax, stated that customers' asset balances in both rupiah and cryptocurrency remain safe after being attacked by Korean hackers.

Haris Sunandar by Haris Sunandar
September 18, 2024
in Industry, News
0
Oscar Darmawan, Indodax CEO, stated that customers' asset balances in both rupiah and cryptocurrency remain safe. Credit: Indodax

Oscar Darmawan, Indodax CEO, stated that customers' asset balances in both rupiah and cryptocurrency remain safe. Credit: Indodax

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Heaptalk, Jakarta — For several days, the Indodax platform, which was hacked, has yet to recover fully. This is evident from its website, which is still under maintenance. However, Oscar Darmawan, CEO of Indodax, stated that customers’ asset balances in both rupiah and cryptocurrency remain safe.

The company has completed checking user asset balances, showing that everything is secure. “We have taken strict security measures to ensure that no members’ funds were affected by this attack,” Oscar said.

Furthermore, the cryptocurrency assets can be publicly verified through the blockchain and are accessible to anyone online. He added, “Everyone can check and verify this data openly. The proof of reserve data has been published through Indodax’s blog.”

Indodax manages more than Rp11.5 trillion in cryptocurrency assets, which is greater than 100% of the total member balances, ensuring that members’ funds are safe. Oscar mentioned that based on an analysis conducted by a crypto security agency, the hack was indicated to have been carried out by hackers affiliated with North Korea.

These hackers have targeted other cryptocurrency trading platforms in various countries. “We are aware that this is a serious global threat, and we are coordinating with the Cyber Crime Unit of the National Police’s Criminal Investigation Agency. We hope this incident can be handled quickly and effectively,” Oscar concluded.

Tags: crypto asset platformcrypto exchangeindodax

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