Column

European Crypto Trading Platform Loses Nearly $2 Million Worth Of Funds To Hackers

Emily Mason

Summary: $1.39 million was stolen from European cryptocurrency trading platform 2gether by a group of unknown hackers, as reported by Cointelegraph. In a recent thread of tweets Ramon Ferraz Estrada, CEO of 2gether, stated that the hack targeted crypto investment accounts and exposed user passwords, but assured clients that their wallets were safe. However some commenters on the ...

$1.39 million was stolen from European cryptocurrency trading platform 2gether by a group of unknown hackers, as reported by Cointelegraph.

In a recent thread of tweets Ramon Ferraz Estrada, CEO of 2gether, stated that the hack targeted crypto investment accounts and exposed user passwords, but assured clients that their wallets were safe. However some commenters on the thread felt Estrada's explanation, which came 20 hours after the attack, was too little too late.

2gether is offering clients its native token for 5 cents each to cover any lost funds and is working towards making its app available again.

By Emily Mason

Last Update:

Tags: 2gether,Crypto Trading Platform Hack
Link: European Crypto Trading Platform Loses Nearly $2 Million Worth Of Funds To Hackers [Copy]

Last: Correlation Between Ethereum And Bitcoin Is Unpredictable, Even As The Two Leading Cryptocurrencies

Next: Bitcoin May Soon Regain $12,000 Level After Harsh Rejection Over The Weekend

GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 4 days ago

U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 9 days ago

BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 23 days ago

The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025