A major technology-driven cryptocurrency mining company, BIT Mining Limited (NYSE: BTCM) (“BIT Mining,” “the Company,” “we,” “us,” or “our company”), reported today that its subsidiary, BTC.com, was the target of a cyberattack on December 3, 2022. Some digital assets, including those worth roughly US$700,000 that belonged to BTC.com’s clients and roughly US$2.3 million that belonged to the company, were taken during the incident.
The event was reported by the company to Chinese legal enforcement in Shenzhen. Some of BTC.com’s digital assets have already been secured thanks to local and internal coordination. The authorities started an investigation, started gathering information, and asked the appropriate agencies for help and coordination on December 23rd, 2022. The Company will put out a lot of effort to recover the digital assets that were stolen.
After learning about this intrusion, the company put technology in place to better stop and intercept hackers. With the exception of its services related to digital assets, BTC.com is now conducting business as normal.

Source: Prnewswire