Chinese BTC exchange allegedly hacked for $3m

Chinese OKCoin's Bitcoin exchange OKEx reported allegedly hacked for $3m
02 October 2017   2233

Chinese OKCoin's Bitcoin exchange OKEx reported allegedly hacked for $3m. It's still unclear whether the information is trustworthy, as the data provided by the official company's Twitter does not match the data from the users and the top crypto magazines. 

Thus, as reported by, a user reported that his OKEx account was logged in by a German IP and participated in BTC-ETC trading. The hacker sold all the Bitcoins and canceled all the pending orders within one hour. Such behavior has resulted in a loss of 200 Bitcoins, which worth more than five mln yuan (about 750,000 dollars). A few other users reported similar attacks. As detailed, all victims have lost about six hundred Bitcoins in total, worth over 20 mln yuan (about three mln dollars).

However, OKEx claims that the exchange hasn't been hacked.

Thus, the company argues that the hack has not occurred, yet "several users passwords were stolen". OKEx just gives some recommendations for improving security. 

The situation is still pretty unclear, so we'll keep you updated.

Vinnik Extradtion to France to be Supported by SCoG

Alexander is holding the hunger strike for 24 days and lost around 9 kilos
19 December 2018   21

Following the trial court of the city of Thessaloniki, the Greek Areopagus decided to extradite Alexander Vinnik, suspected of laundering $ 4 billion through the BTC-e cryptocurrency exchange, to France. Thus, the appeal of Russian lawyers was rejected, reports TASS referring to the chairman of the court Angelique Aliferopoul.

After the announcement of the verdict, Alexander Vinnik declared that he would continue the hunger strike against the arbitrary rule of the Greek authorities, which began in mid-November.

I have been starving for 24 days. Yesterday I was weighed; according to the documents, I lost 8 kg. But they did not immediately begin to weigh me, only on the third day. So I lost 9 kg. If I'll be extradited to Moscow, I will stop starving.

Alexander Vinnik


Alexander Vinnik was detained in Greece at the request of the American authorities on July 25, 2017. In June 2018, Vinnik was arrested in absentia in Russia on charges of cyber fraud on a large scale.

At the moment, there have been several court decisions on the extradition of Vinnik - at the request of the United States, at the request of France and two decisions at the request of Russia. The final decision on the case will take the Minister of Justice of Greece.