TC.com Victim of Cyberattack – $3M Assets Taken

BIT Mining Limited, a premier technology-driven cryptocurrency mining company, today revealed that on December 3, 2022, the Company’s subsidiary, BTC.com, was the victim of a cyberattack. Certain digital assets were taken during the hack, including about US$700,000 in asset value owned by BTC.com’s clients and approximately US$2.3 million in asset value owned by the Company.

BTC.com is a leading blockchain browser and also operates a comprehensive mining pool business.

The event was reported to law enforcement officials in Shenzhen, China. Some of BTC.com’s digital assets have already been safeguarded as a result of local and internal collaboration. On December 23rd, 2022, authorities opened an inquiry, began gathering evidence, and requested cooperation and coordination from appropriate agencies.

Following the discovery of this incident, the Company installed technologies to better detect and intercept hackers. BTC.com is now conducting business as normal, and its client fund services, aside from digital asset services, remain unaffected. The Company will put out significant effort to retrieve the stolen digital assets.