Crypto Casino MetaWin Loses $4 Million in Cyber Hack
On November 3, online crypto casino platform MetaWin suffered a security breach, losing approximately $4 million from its hot wallets.
MetaWin CEO Richard “Skel” Skelhorn announced that funds had been “topped off” following the attack. Still, MetaWin temporarily paused withdrawals to protect user funds but has since restored withdrawals for about 95% of its customers.
The breach was facilitated through MetaWin’s frictionless withdrawal system, allowing the attacker to access both Ethereum (ETH) and Solana (SOL) hot wallets. Blockchain investigator ZachXBT tracked the hacker’s movement of the stolen funds to KuCoin exchange and a nested service on HitBTC, identifying 115 wallet addresses connected to the malicious…
