South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11.
Bithumb, South Korea’s largest exchange, lost around 14 billion won ($13 million) two weeks ago in an event executives believe was masterminded by an insider.
Now, Bithumb has used a third party to assess its reserves, repeating its previous assurances that customer funds remained safe in cold storage wallets.
The 14 billion of hacked EOS (EOS) tokens, a previous statement said, represented company-only funds. All remaining funds in its hot wallet were moved to cold storage following the loss.
https://cointelegraph.com/news/bithumb-announces-external-audit-results-in-wake-of-13-million-hack