Odaily Planet Daily News Cyvers Alerts stated on platform X that multiple suspicious transactions involving the trading platform WOO X have been detected, covering BTC, ETH, BNB, and ARB networks, with estimated losses exceeding 12 million dollars. On the Ethereum network, a suspicious address received 1 million dollars worth of USDT and additional ETH from WOO's hot wallet. This 1 million dollars worth of USDT was subsequently exchanged for ETH, after which approximately 7.3 million dollars in funds were transferred to a new address. The WOO team has confirmed the incident and stated: 'We are investigating a restricted incident that occurred earlier today on the WOO X platform.' Currently, user funds and transactions are unaffected, but during the investigation, the platform has temporarily suspended withdrawals.

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