WOO X's investigation into a phishing attack reveals unauthorized withdrawals from nine accounts, with the exchange pledging full compensation for affected users.
WOO X suffered a $14 million loss from a phishing attack that compromised a team member's device, leading to unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals and is conducting a forensic review while promising full compensation to impacted users. This incident highlights ongoing security challenges in the cryptocurrency sector, with significant breaches reported across various platforms in July 2025.