Victims of $200 million hack of BitMart crypto exchange still waiting to get their money back

Cryptocurrency exchange BitMart promised a full reimbursement to the victims of the platform-wide $200 million hack, but some users still haven’t gotten their money back, according to a report from CNBC. Hackers made off with a variety of tokens on December 4th after using a stolen privacy key to gain access to one of BitMart’s hot wallets, otherwise known as a crypto wallet that’s connected to the internet.

Shortly after the incident, BitMart announced that it would use its own funding to cover the incident and compensate affected users. However, as CNBC reports, there are still several frustrated users who have yet to see their funds returned.

CNBC’s report details the experience of an Iranian refugee who says he stored $53,000 worth of SafeMoon on BitMart, $40,000 of which is from a loan. The outlet also got in touch with a Kansas-based investor who has $35,000 in limbo — he claims that he and 6,800 other investors may file a class-action lawsuit against BitMart if nothing’s done to resolve the situation.

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