After the controversial cryptocurrency exchange hack that took place amidst the turmoil in the industry, Justin Sun, the renowned investor and stakeholder recently announced an "epic airdrop" coming to users affected by the issue. Moreover, this essentially means that their funds are getting replaced, alongside the platforms HTX Global and Poloniex resuming operations.
The latest crypto hack which also involved the Heco Chain blockchain protocol got away with $100 million, but a bounty is out for its return, offering a handsome reward.
HTX Global, Poloniex See 'Epic Airdrop' Courtesy of Justin Sun
(Photo : Dan Kitwood/Getty Images)
In the latest post by Justin Sun via X, he announced the arrival of an "epic airdrop" that will bring the assets to users, and this aims to return the lost funds to affected customers of both HTX Global and Poloniex. This crypto airdrop was mostly done by platforms for promotions, offering cryptocurrency assets to be transferred digitally from companies directly to user wallets.
CoinGape said that this is Sun's move to regain user trust and help the platform gain back its footing after the controversial security breach.
Moreover, it was reported that these series of attacks were centering on a single target, and this is Justin Sun, the renowned investor for the crypto exchange platforms.
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As HTX and Poloniex approach opening deposit and withdrawal, we will initiate an epic airdrop for users with assets. Please stay tuned! My deepest apologies to the users affected by the hacker attacks on HTX and Poloniex. We will cover the loss and All assets are are SAFE.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) November 24, 2023
After HTX, Poloniex Hack, is Resuming Operations Now
Also included in Sun's recent announcement is the resumption of operations over at HTX Global and Poloniex, a move by the companies to return to normal. In particular, HTX and Poloniex's operations will center on allowing deposits and withdrawals for customers to take place.
Moreover, Sun is offering a "white-hat bounty" which offers 5 percent of the stolen money for the hackers to return it, amounting to $5 million.
The Controversial Justin Sun
Amidst all the drama and controversies present in this recent hack involving HTX Global, Poloniex, and the blockchain protocol, Heco Chain, Justin Sun, the renowned crypto investor, is caught up in all of it. He was best known for the massive purchases he had made in the past, including a significant investment in the NFT Joker Tpunk, buying tokens worth $10.5 million.
The renowned TRON Foundation founder has also faced massive controversies in his career, especially with the recent charges for fraud, market manipulations, and unregistered sale of crypto assets. The US Securities and Exchange Commission launched this case against him, saying that this case is an example of the high risks that investors face for undisclosed asset securities.
While there are still charges and an ongoing investigation against Sun, his backed companies and crypto were hit with a cyberattack which resulted in a loss of as much as $115 million. However, this did not stop them, as Sun is willing to return these lost assets via an airdrop that is rolling out soon, alongside the returning operations of HTX and Poloniex for its users to access.
Related Article: Massive $115 Million Crypto Theft Hits HTX, Heco Chain Linked to Justin Sun
