According to Techub News, the cryptocurrency trading platform M2 issued a statement regarding the security incident, stating that on October 31 at 15:16, M2 experienced a cybersecurity incident involving $13.7 million, and responded promptly. The customer funds have been restored, and M2 will take full responsibility for any potential losses. All services are now fully operational, and additional control measures have been implemented.
Techub News previously reported that according to ZachXBT's monitoring, M2 was recently attacked by hackers, resulting in the loss of approximately $13 million from its multi-chain hot wallets.