Hackers hacked Elephant Money project and stole $22 million wo | Crypto Town

Hackers hacked Elephant Money project and stole $22 million worth of cryptocurrency

Representatives of the platform reported that users' funds are safe, and also urged not to sell its own token. Despite this, its price collapsed by 77%

The cryptocurrency project Elephant Money, which runs on the Binance Smart Chain blockchain, has been hacked. According to the official report, the amount of losses amounted to 27.4 thousand BNB ($11.2 million at current exchange rates). At the same time, the cybersecurity company PeckShield claims that the project also lost its own tokens for another $11 million. Thus, the total losses could amount to more than $22 million.