Institutional crypto dealer FPG halts withdrawals after $20M cyberattack

Cryptocurrency brokerage agency Floating Level Group (FPG) has confirmed it has halted buying and selling, withdrawals and deposits on its platform after falling sufferer to a cyberattack on June 11. FPG estimates the assault resulted in a complete lack of between $15 million and $20 million.

In keeping with a June 15 tweet from FPG’s official twitter account, upon discovering the safety breach FPG locked all third occasion accounts and migrated wallets. It later halted buying and selling, deposits and withdrawals out of “an abundance of warning.”

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