Justin Sun Reveals $8 Million ETH Heist on Crypto Exchange HTX: What You Need to Know

On September 25, 2025, Justin Sun, HTX stakeholder and founder of Tron, confirmed that crypto exchange HTX (formerly Huobi) suffered a significant hack over the weekend. The losses, totaling approximately $8 million, have sent ripples through the crypto community.

The initial reports, circulating since September 25, 2025, indicated a loss of 500 ETH, valued at around $8 million. Justin Sun addressed the community about crypto safety following this $8M hack, emphasizing user asset security and the measures HTX took to mitigate the hack's impact by changing the exchange's protocols.

HTX Offers White Hat Reward

In an effort to recover the stolen funds, HTX is offering a white hat reward of $400,000 to incentivize the hacker to return the pilfered funds. This was announced by founder Justin Sun on Monday, September 25, 2025. Despite the significant sum, the recovery process remains uncertain.

The Hack Details and Aftermath

On September 26, 2025, Justin Sun announced on X (formerly Twitter) that the hackers made away with 5,000 Ether. The community is closely watching how HTX manages the aftermath and implements stronger security measures to prevent future incidents. The situation highlights the ongoing vulnerabilities in the cryptocurrency exchange ecosystem.

This incident serves as a stark reminder of the importance of robust security protocols and proactive measures in the digital asset space. Stay tuned for further updates on the HTX hack and its impact on the crypto market.