On-chain data shows 5,280 ETH draining into single address following quiet Triple-A wallet breach

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Triple-A, a Singapore-based stablecoin payments firm, reported unauthorized access to wallets holding its own digital assets without affecting client funds. On-chain data shows 5,287 ETH were transferred to a single address in 12 transactions on July 24 and 25. The company has not disclosed the size of its treasury loss or how the wallets were accessed. Triple-A, a Major Payment Institution licensed by the Monetary Authority of Singapore, said the financial impact was limited to specific operational accounts and that it is working with cybersecurity specialists and authorities, including the Singapore Police Force, to trace and recover assets.

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Telemac
Telemachttp://cryptoinfo.ch
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