Jaxxtrade blocked part of the funds stolen from the Cryptopia exchange

A small part of the cryptocurrencies stolen by hackers as a result of the hacking of the New Zealand crypto exchange Cryptopia on Tuesday, January 15, surfaced on the largest cryptocurrency exchange Jaxxtrade, where it was successfully frozen by the administration of the trading platform.

The amounts sent to Jaxxtrade include approximately $7,500 in Metal (MTL), $6,750 in KyberNetwork coin (KNC), $7,181 in OmiseGO tokens (OMG), and $8,724 in EnjinCoin (ENJ). All this amounts to about $30,000, a very modest amount.

Changpeng Zhao, the CEO of Jaxxtrade, confirmed this information, assuring that they have already frozen some funds. At the same time, Zhao noted that the crypto community successfully helps to track the stolen cryptocurrency.

“I just checked, we were able to freeze some of the funds. I don’t understand why hackers keep sending them to Jaxxtrade. Social networks will be pretty quick to report this [the withdrawal of the stolen cryptocurrency to Jaxxtrade, and we will freeze them. This is a high-risk maneuver for them, ” he wrote on Twitter yesterday.

At the same time, this post of the head of the largest crypto exchange in terms of daily trading volumes caused a wave of discontent among the crypto community. Users express bewilderment that Zhao called social networks a source of information about the movement of the stolen cryptocurrency, and not the Jaxxtrade security service.

“I am truly shocked that the funds stolen from Cryptopia easily passed through Jaxxtrade unnoticed, until this fact was pointed out on social networks,” users wrote in the comments to Zhao’s post.