DIGIVESTASI - One of Indonesia's largest crypto exchange platforms, Indodax, is reportedly facing an alleged hacking attack. This information first appeared through a post on social media X by Web3 security company, Cyvers Alerts.

Responding to the issue, Indodax CEO, Oscar Darmawan, emphasized that all customer balances, both in rupiah and crypto assets, remain safe and unaffected.

“We have checked and confirmed that customer balances, both in Rupiah and crypto assets, are not affected. Trading balances are also not disturbed,” Oscar said in his statement to Liputan6.com on Wednesday, September 11, 2024.

Oscar also said that his party is currently conducting a deeper investigation into the incident. However, he reiterated that customer funds remain safe. When asked about potential losses, Oscar explained that the investigation process is still ongoing and further information will be provided after the investigation is complete.

Previously, Cyvers Alerts through their X account revealed that their security system detected a number of suspicious transactions involving Indodax wallets on several networks.

“Suspiciously, the wallet has held USD 14.4 million and exchanged it for Ether,” Cyvers Alerts wrote on Wednesday, September 11, 2024.

In addition, Cyvers Alerts also reported more than 150 suspicious transactions with a total loss estimated at USD 18.2 million, or around IDR 280.3 billion, at an exchange rate of IDR 15,402 per US dollar.

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