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Ethereum World News
2022-12-20 17:57:09

44 Traders Lost $14.8 Million In 3Commas Debacle: Report

44 Traders Lost $14.8 Million In 3Commas Debacle: Report

Summary: On-chain sleuth ZachXBT discovered a group of 44 traders with complaints against crypto trading software 3Commas. The traders lost $14.8 million across centralized exchanges like Binance, FTX, and OKX due to stolen API keys, per Zach’s analysis. 3Commas denied leaking users’ API keys and claimed phishing attacks were partly responsible. At least 44 traders who leveraged trading bot 3Commas for automated cryptocurrency trading lost a total of $14.8 million following unauthorized transactions on centralized exchanges (CEX) like Binance, FTX,

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