[ad_1]
Crypto prime brokerage Floating Level Group (FPG) misplaced over $15 million in cryptocurrencies to a June 11 cyber safety incident, in keeping with a June 14 assertion.
FPG introduced that it had halted buying and selling, deposits, and withdrawal actions in response to the incident and has contacted legislation enforcement companies for help.
FPG said it had instantly locked all third-party accounts and secured all wallets upon discovery of the assault. Based on the agency, this measure would stay in place till it “higher understands the scope and circumstances of this incident.”
FPG mentioned:
“We’re working with the FBI, the Division of Homeland Safety, our regulators, and Chainalysis to know how this occurred and to get better belongings. As that is an ongoing investigation with legislation enforcement, we can’t share specifics presently.”
FPG has not disclosed which cryptocurrencies have been stolen in the course of the incident and has not but offered additional feedback to CryptoSlate’s request as of press time.
Final yr, FPG mentioned it earned a SOC 2 certification after a sequence of cybersecurity audits and penetration testing from an in depth audit by Prescient Assurance. On the time, the corporate additionally mentioned it engaged the providers of CertiK, a blockchain safety agency, for a complete cybersecurity audit of its FlowVault platform.
FPG, based on the Massachusetts Institute of Know-how, has acquired backing from high-profile buyers resembling Tribe Capital and Coinbase Ventures, as reported by Wu Blockchain.
The agency’s web site doesn’t present a listing of its shoppers. Nevertheless, it states that its prospects handle over $50 billion.
FPG is a crypto prime brokerage platform offering establishments entry to centralized and decentralized crypto providers via its Flowvault product.
The put up Crypto prime dealer FPG loses $15M+ in cyber assault, halts buying and selling and withdrawals appeared first on CryptoSlate.
[ad_2]
Source link
