Updated: 21.03.2026
The UAE-based cryptocurrency exchange M2 Exchange has returned $13,7 million in stolen cryptocurrencies to traders.
We would like to report that the situation has been resolved and assets have been returned to customers in full. M2 employees have taken responsibility for all possible losses, demonstrating our unwavering commitment to protecting the interests of our users.
Now all services are operating in normal mode with the use of additional control tools, — Wrote stock exchange workers.
Let us recall that M2 Exchange was hacked on October 31. The attacker managed to steal bitcoins and meme tokens Shiba Inu (SHIB), as well as coins issued in the networks Ethereum (ETH) and Solana (SOL), with a total value of $13,7 million. After some time, the criminal converted all digital assets into ETH.
A hacker was able to steal virtual currencies by breaking into three hot crypto wallets of a trading platform. The crypto storage belonging to the attacker contained are located 4010 ETH worth $9,8 million at the current rate. On October 31, the criminal sent it to the exchange Binance 17,9 ETH worth $43, likely to exchange the coins for fiat currency and withdraw part of the profits earned.
Translate Ethereum from the hacker’s wallet M2 Exchange to the exchange Binance
Risk Warning:
The information on this website is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended that you conduct your own research (DYOR) before making any investment decisions.