Triple-A Wallet Hacked for $11.8M; Customer Funds Unaffected

Singapore-based Triple-A confirms unauthorized access to its financial wallet, resulting in an estimated $11.8M loss. Customer assets remain secure in separate trust accounts.

Woofun AI reports that Singapore-based stablecoin payment provider Triple-A confirmed unauthorized access to its financial wallet. On-chain investigator Specter estimates the total loss at approximately $11.8 million.

The company stated that customer funds are held in a separate trust account and were not impacted by the incident. Triple-A will cover the losses using its own financial reserves. All services have been restored, and the firm is collaborating with cybersecurity experts, blockchain forensics agencies, and the Singapore Police Force to investigate and track the stolen assets.