Gate Outflows Hit $207M After User Reports $1.7M Account Theft

Gate recorded $207 million in weekly net outflows as scrutiny grew over a reported $1.7 million theft. Bitrace traced 49.96 ETH, 746,475 HSK, and 1.565 million USDT withdrawn from the compromised account. Gate denied a system-wide breach, saying the security change request passed identity and review checks. Investigators linked the fund trail to Newpay, while [...]

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