HEX Whale Lose $4.5 Million For Long Hack Wey Dem Link To Phishing And Fraud Scheme
Big wahala happen for inside HEX ecosystem, wey start for November 2021, make one big oga for HEX, wey dem know as 'HEX 19', lose like $4.5 million. Dis loss happen because of strong yahoo-yahoo and money laundering wey one online person wey dem dey call 'Konpyl' arrange. Dis wahala, wey involve yahoo-yahoo attack and wallet drainer, na part of big scam wey connect to Inferno Drainer and fake Rabby wallet scam. Dem drain money from many wallets one by one, wey affect HEX token price and show people say plenty scam dey go on. Blockchain people wey do investigation see connection to one big man for Dubai wey say e no know anything about am. Dis thing show say security no strong well, especially danger wey dey to keep important things like seed phrase for internet, and e dey serve as warning give crypto investors to make dem tighten dem security.
Bearish
The hack wey happen cause big loss of money and e affect the price of HEX token for bad, wey show say market dey go down. History show say if something like this happen, investor no dey trust again and dem dey sell off, wey fit cause HEX price to fall for short time. This market reaction dey happen because people dey fear for security and dem dey fear say e fit happen again.