quantmatter

ChainCatcher message, OKX Star stated on social media regarding "the $11.6 million stolen from QuantMatter's OKX institutional account":The OKX investigation team has continuously inquired about information from your team after receiving the report, but has not received cooperation to date.We have indeed conducted a thorough internal investigation, with clear logs showing the withdrawal activities that occurred on the website, and have input the complete GA and email codes.We suggest that everyone cooperate in the investigation and conduct a deeper inquiry together.

ChainCatcher message, OKX Star stated on social media regarding "the $11.6 million stolen from QuantMatter's OKX institutional account": "This account has no commonalities with other cases, and the timing is completely different. We are still conducting a thorough investigation. What can be confirmed is that there are complete logs indicating that the withdrawal was initiated from the web interface, and the withdrawal request included the full GA and Email verification codes. Everyone is welcome to continue following the story."

ChainCatcher news, a board member of the Singaporean market maker QuantMatter posted on social media that the company had $11.6 million stored in OKX suddenly stolen by hackers on May 30. The funds were converted into BTC, ETH, USDC, and USDT and transferred to an on-chain address in just 25 minutes, without any email notification or two-factor authentication.According to reports from Wu, QuantMatter stated that they had set up an offline Google Authenticator, and withdrawals required dual authentication with email and GA, managed by the founder and a partner. It is highly likely that the hackers used the offline GA verification and that the market maker's GA was compromised. The market maker has already reported the incident to the police in Singapore and contacted more than five security agencies for investigation.Currently, the authenticity of the incident has not been verified, and the reasons for the theft remain uncertain, as the market maker, security agencies, and OKX are all unable to determine the cause, requiring further investigation.