On the 14th of October, an incident was reported to us. One of our users was targeted by a third party, and his funds were reported stolen.

We take the security of our exchange and users very seriously, and an immediate and thorough investigation was launched.

For security reasons, we cannot go into detail on our methods, but the results of the investigation shows that the user’s password was compromised outside of COSS; at no time was any user password breached on our systems.

We urge all users to use a password that is exclusive to the platform you use.

Additional security measures have been implemented to prevent the stolen funds from crashing the order books.

To our community, we would like to seek your cooperation to monitor any transactions from this address which we believe to be the wallet containing the stolen funds:

To the perpetrator(s) of this incident, if you are reading this; we will not pursue this case any further if you return the 9.8 million COSS tokens as seen in the linked address above to the ERC address below:

0x8bdfCC2C644Ef0bd226dfccbBDaa7553930560a0

Upon receipt of the funds, we will undertake the appropriate actions to make sure that the funds are returned to the rightful owner.