Rumors of the exchange Gate.io being hacked surfaced, the team immediately denied it

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6 hours ago
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Recently, users have been passing on a rumor about a security breach at the Gate.io exchange and are advised to withdraw all assets from this trading platform. The Gate.io team has spoken up and confirmed that there have been no security breaches in the recent past.

Hack

Gate.io, one of the leading cryptocurrency exchanges, has denied the rumors that the platform has been subject to a security attack. In a social media announcement, the company stated that it has not detected any abnormal signs.

The rumors of the attack started circulating on Friday on X and some Telegram chat groups, but without any specific information about the incident.

Gate.io quickly refuted the information, stating:

"The Gate.io security team has not detected any abnormalities, nor have any security agencies reported any issues. Deposit, withdrawal, and trading activities are proceeding normally. Please do not believe the rumors!"

Unverified rumors cause confusion among users
Unverified rumors cause confusion among users

Although there have been social media posts advising users to withdraw their funds from the platform, data from defillama shows that the total assets on Gate.io have remained largely unchanged.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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