Remitano exchange allegedly hacked for $2.7M; $1.4M frozen by Tether

Crypto exchange Remitano experienced large withdrawals under suspicious circumstances on September 14, with some blockchain analysts concluding that it may have been hacked. A total of $2.7 million worth of crypto has been withdrawn through the suspicious transactions. Tether has frozen one address the attacker allegedly used, potentially saving $1.4 million worth of customers’ crypto.

At approximately 12:45 p.m. on September 14, a known Remitano hot wallet began sending funds to an address…