On September 20, BingX Chief Product Officer Vivien Lin wrote that at around 4 a.m. today, the BingX technical team detected abnormal network access and suspected that BingX's hot wallet had been hacked. Subsequently, an emergency plan was immediately launched, including emergency transfer of assets and suspension of withdrawals.
There is currently a small amount of asset loss, but the amount is small and is still being calculated. At the same time, BingX is formulating a compensation plan, which will be announced later.
