Former Huobi Employees Sentenced for Leaking User Private Keys

IconCryptoNewsTerminal Staff26 Jul, 2024

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Former Huobi Employees Sentenced for Leaking User Private Keys

4 former employees of Huobi (now HTX) have been sentenced to 3 years in prison, according to a report from Wu Blockchain. The employees were accused of implanting a Trojan horse virus into Huobi's cryptocurrency wallet and leaking some users' mnemonics or private keys to steal cryptocurrency. The specific amount of damage is unknown, but this incident highlights the importance of keeping your private keys safe and secure. Never share your private keys with anyone, and be sure to use a hardware wallet to store your cryptocurrency offline.