M2 crypto exchange reveals security incident involving $13.7 million

The M2 hack is significantly smaller than the cyberattack that cost WazirX over $230 million

The M2 hack is significantly smaller than the cyberattack that cost WazirX over $230 million
| Photo Credit: REUTERS

The M2 crypto exchange has reported a “cybersecurity incident involving $13.7 million,” but said it responded quickly and that lost customer funds had been restored. The firm did not provide detailed security notes or background information regarding the incident.

According to the exchange, the incident took place on October 31, but was responded to within 30 minutes.

“We would like to report that the situation has been fully resolved and customer funds have been restored. M2 has taken full responsibility for any…

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