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Coinsbuy hit by reported $7.9M Ethereum, TRON drain – TON BOT

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Coinsbuy hit by reported $7.9M Ethereum, TRON drain

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Wallets linked to crypto payment processor Coinsbuy lost over $7.9 million in Ethereum and TRON on Aug. 9. Security firms traced the stolen funds to exchanges like ChangeNOW, FixedFloat, and BingX, with some proceeds converted to Monero. Coinsbuy temporarily paused services but later resumed deposits and withdrawals. The attacker moved assets across different networks, suggesting compromised access to Coinsbuy’s infrastructure. No technical postmortem has been released, and the full extent of the loss and recovery efforts remains unclear.

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