CoinBene Incident Investigation Report
Crypto exchange, CoinBene, was reported to be hacked, although the exchange denied it. Leveraging the home-grown digital asset tracking and recovery (DATAR) system, our research found several key patterns matching the ones in exchange hacking events, such as, particular event sequence, large number of asset types, and very high value tokens were moved from CoinBene to other competing exchanges in a short period of time.
We can draw the conclusion that there are substantial evidences showing that CoinBene was indeed hacked, resulting in large transfers of various tokens out of CoinBene wallet starting from 03/25/2019 19:00 UTC.
The full report is attached here.