The exchange’s team notified its users on April 9 that hackers exploited the Gdac Hot Wallet and transferred a significant amount of cryptocurrencies to an unidentified wallet. They stole over 60 BTC, 350.5 ETH, 10,000,000 WEMIX, and 220,000 USDT (which accounted for around 23% of the platform’s total custodial assets). The valuation of the tokens was nearly $13 million. GDAC took emergency measures shortly after the hack and blocked the wallet network (deposit and withdrawal system and all related servers). It also reported the problem to law enforcement agencies and requested an investigation.