Between 14:40 on August 23 and 00:00 on August 24, UTC time, the prices of HIBT / BTC, HIBT / USDT, HIBT / ETH trades all fluctuated abnormally. It was verified that some users maliciously dumped HIBTs, triggering some mining bot BUG.
In order to protect the majority of users' interest, after careful discussion, the HiBTC exchange decided to stop its server from 3:00 on August 24, UTC time, and roll back all the platform trading data to 14:37, August 23, 2018 UTC time. The deposit and withdrawal data that occur after the rollback start point are not affected by the rollback and will be adjusted to the user's wallet after the rollback is completed.
HiBTC attaches great importance to the rights and interests of our users. We apologize for any inconvenience caused by this incident, which will cause the transaction on HiBTC exchange to pause for several hours. At the same time, HiBTC will take punishing measures such as warning, restricting transactions, closing accounts etc. to any immoral behavior that maliciously disrupts the order of transactions.