Coinsbuy, a crypto payments platform incorporated in Panama, confirmed a security breach on August 9. Unauthorized withdrawals affected several platform wallets, but the company claims all affected client funds have been fully covered from its own reserves. Coinsbuy also offered a $100,000 reward for information leading to the identification of those responsible. The exact amount of stolen funds has not been confirmed by the company, although a figure of $7.9 million has been reported in the media.
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