New data shows that several hacks have occurred in the past 20 days, resulting in the theft of hundreds of millions of dollars worth of altcoins from firms connected to Tron founder Justin Sun. Two of the affected protocols, crypto exchange HTX and Heco Bridge, are linked to Sun, who currently owns digital assets exchange Poloniex.
Cybersecurity firm Cyvers estimates that the combined losses from the hacks amount to $100 million, with $86 million coming from the Heco Bridge. Sun has stated that all customer funds are secure, but withdrawals and deposits will be temporarily suspended until the specific reason for the hack is identified.