BitOK: November’s three biggest hacks hit platforms linked to Justin Sun

November proved to be the record month for stolen cryptocurrency in 2023, with the greatest losses concentrated on platforms linked to Tron co-founder Justin Sun. ForkLog reported this, citing analytics firm BitOK.

According to its calculations, investors lost $329.8 million in digital assets as a result of the cyber incidents. This figure is $22 million higher than in September 2023, but $183 million lower than data for November 2022.

Of the nine incidents, only two occurred outside the Ethereum ecosystem. Almost half of the hacks were carried out via private-key compromises.

Earlier, Immunefi researchers estimated that since the start of 2023 the crypto industry has faced 296 cases of hacks and fraud.