A platform plans to use 86 hours to restore users’ ability to withdraw their own funds for the first time.
It has published a phased schedule for resuming withdrawals. The Bitcoin network goes first, followed by ether on several major networks, then stablecoins, and finally the remaining tokens, fiat currencies, and peer-to-peer channels. Everything will be fully restored by October 2. ⏳
From the discovery of the first unauthorized transfer to the opening of the first batch of withdrawals, it took 86 hours.
This figure needs to be put in context. In February 2025, the scale of another incident was four times that of this one, and withdrawals were restored within 72 hours. The smaller the scale, the slower the processing. The explanation from the platform’s Chinese-speaking executive is that the method of the theft was different; to rule out all potential risks, the handling approach is also different.
But this sentence actually reveals something more important.
What was lost is not just a corner that a single key can lock. It is a segment in the entire process. Patching a hole is quick, but rewriting part of the process takes much longer—because every rule has to be verified again, and each step must be signed off by someone. The days users are waiting are the time it takes for the process to run again.
Deposits have never stopped, and trading has never stopped.
A door that can be opened immediately is often the one that is least worth rushing.
It has published a phased schedule for resuming withdrawals. The Bitcoin network goes first, followed by ether on several major networks, then stablecoins, and finally the remaining tokens, fiat currencies, and peer-to-peer channels. Everything will be fully restored by October 2. ⏳
From the discovery of the first unauthorized transfer to the opening of the first batch of withdrawals, it took 86 hours.
This figure needs to be put in context. In February 2025, the scale of another incident was four times that of this one, and withdrawals were restored within 72 hours. The smaller the scale, the slower the processing. The explanation from the platform’s Chinese-speaking executive is that the method of the theft was different; to rule out all potential risks, the handling approach is also different.
But this sentence actually reveals something more important.
What was lost is not just a corner that a single key can lock. It is a segment in the entire process. Patching a hole is quick, but rewriting part of the process takes much longer—because every rule has to be verified again, and each step must be signed off by someone. The days users are waiting are the time it takes for the process to run again.
Deposits have never stopped, and trading has never stopped.
A door that can be opened immediately is often the one that is least worth rushing.
