Millions in cryptocurrency funds were stolen after the IRA Financial Trust was hacked.

It’s a serious matter to have your crypto account hacked, but if the assets in it are intended for retirement, well… The scenario then gets even worse, and for numerous customers of IRA Financial Trust — a company that allows its clients to invest their retirement funds in digital assets – this reality is striking them right now.

IRA Financial Trust Sees a Lot of Money Disappear

Client-owned digital money worth $36 million were recently stolen from IRA Financial Trust’s platform. At the time of writing, about $21 million in Bitcoin and $15 million in Ethereum were lost. Following IRA Financial Trust’s report, the incident is expected to happen on February 8.

Read More

See also  NFT sales are sizzling: Record $5 billion in sales as Bored Apes, Loot, CryptoPunks make splash