Alphapo hot wallets drained for $23 million, HypeDrop disables withdrawals

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Alphapo's hot wallets have been drained for at least $23 million on Ethereum, Tron and Bitcoin — causing customer HypeDrop to suspend withdrawals.

Crypto payments processor Alphapo’s hot wallets have been drained for at least $23 million on Ethereum, Tron and Bitcoin, according to ZachXBT.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.

The funds stolen on Ethereum were swapped for ether before being bridged to Avalanche and Bitcoin, the on-chain sleuth

 

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