Leaderboard
117All-time rank
C
Coinbin
Feb 20, 2019
$26.0M
Lost
$26.0M
Recovered
$0
Net loss
$26.0M
Unrecovered0% recovered
Coinbin's former CEO (previously from acquired exchange Youbit) used his new position to steal over 100 ETH from an Ethereum wallet, claiming the key had been lost. The employee embezzlement forced the exchange into bankruptcy.
- Target
- CEX
- Classification
- Rugpull
- Technique
- Admin Drain
- Attribution
- Unknown
- Chains
Ethereum
Event timeline
- Feb 20, 2019Exploit executed — $26.0M drained via admin drain
- Attributed to Unknown
- Recovery status Unrecovered 0%