Hdr_About.jpg

Detail Analysis

link.png

Date:

Status:

Count:

Contributor:

February 3, 2019

info.png

Verified

1

zerofriction.io

Loss Amount:

2,600,000

info.png

Recovered Amount:

-

Currency:

Dollars

KYC By:

Audit By:

None

None

info.png

Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Exchange

Assets

Contract Vulnerabilities

Extended Method:

Computer error

Data Sources:

info.png

South Korean cryptocurrency exchange CoinZest has been forced to conduct a “roll-back” on its servers after it mistakenly doled out around USD 5.3 million worth of cryptocurrencies to its customers as part of an airdrop event that went spectacularly wrong. The exchange says it has already recovered half of the funds, but, per most recent reports, some USD 2.6 million is yet to be returned. Many believe some customers instantly withdrew the funds they received. Fn News quotes an industry expert as saying that there is “no way CoinZest can get the funds back from customers who have already made withdrawals.

info.png

DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.