Flexcoin was attacked and robbed March 2 of all coins in its “hot
wallet”—a term that refers to bitcoin online storage—the site said in an
announcement posted to its homepage. The attacker made off with 896 bitcoins, which at current prices across several exchanges would amount to roughly $600,000.
Flexcoin also said it will return to their owners the bitcoins it had
put in “cold storage,” which weren’t stolen because they’re held
The company will shut down immediately because it does not have the
resources or assets to recuperate from the loss, it said. Flexcoin will
work with law enforcement to determine the origins of the attack.
Join us on our
Share this page with your friends
on your favorite social network: