2gether has revealed that it has been hacked, in which approximately €1.2 million in cryptocurrencies from cryptocurrency investment accounts. 2gether was founded in 2017 and offers a cryptocurrency trading platform within the Eurozone for buying and selling without additional fees. The organization’s native currency is the 2GT token, which is (or at least was) going to be issued in 2020 after a pre-sale in Spain. However, on July 31 at 6:00 p.m. CEST, the cryptocurrency trading platform was hacked on servers . The unknown threat actors behind the 2gether attack stole €1.183 million in cryptocurrencies from investment accounts, an amount corresponding to 26.79% of the total funds.
2together CEO Ramón Ferraz Estrada said in a statement on Twitter that general wallets and Euro accounts were not affected, and credit card details were not used to deposit funds. However, passwords , so users are advised to change their passwords.
2together did not disclose exactly how the security, but an investigation is underway to discover how the cybercriminals managed to gain access to its servers, while more information is being sought to determine the exact extent of the damage caused. The cryptocurrency trading platform also noted that information is being collected to be provided to authorities.
In an update published on August 1, Ferraz, president Salvador Casquero, and director Luis Estrada said that the company’s extremely difficult situation has brought great uncertainty, while describing the hackers as “soulless individuals.” In addition, executives stated that after the hacking attack, the platform does not have enough money to cover all its bases and thus held emergency talks with an anonymous investment company in an attempt to secure a cash injection. However, the talks did not result in an agreement. Therefore, the only solution is for 2gether to offer users the equivalent of their stolen cryptocurrencies in the native 2GT token.
Additionally, 2gether executives stated that they are committed to continuing to seek additional funds to cover each of the platform. They also stated that if other funds could be used, they would do so, but for now, the technical team is working to restore the application to be accessible again as soon as possible and with all available measures .
A Reddit Ask Me Anything (AMA) will be held in the coming days, in which executives will answer investor questions.
