On 12 September, crypto exchange CoinEx found itself the target of a cybersecurity breach. This breach affected multiple wallets, including those holding Ethereum [ETH], TRON [TRX], and Polygon [MATIC] tokens. However, the situation escalated as the number of stolen funds continued to rise. According to SlowMist, the amount stolen from CoinEx reached a staggering $54 million on 13 September, underlining the magnitude of the attack. Responding swiftly, CoinEx took the proactive measure of suspending both deposits and withdrawals.