BitMart founder: The security team is severely understaffed, with approximately $391,000 in suspicious transfers directed towards the wallet involved in the Mercado Bitcoin attack

The founder of cryptocurrency exchange BitMart, Sheldon Xia, stated that the company's security team is currently severely understaffed. Employees are threatened and former employees are suspected of retaliation, making it more difficult for technical staff to stay; he mentioned that the team is still doing its best to protect data and assets.

Blockchain analysis company Bitquery identified approximately $391,000 in suspected transfers from wallets related to BitMart, involving three blockchains. Bitquery stated that the funds are flowing to a wallet also involved in the attack incident on the Brazilian trading platform Mercado Bitcoin.