Crypto

$320 Million Exploit Rocks LCX Exchange Network, Hackers Claim to be 'Good Guys'

Guavy AI Editorial Team Published September 7, 2026

Instruments

LCX

LCX Exchange revealed that its network used by exchanges was hit by a massive $320 million exploit. The hackers claimed they're the 'good guys', but it's unclear what their true intentions are.

Liechtenstein-based LCX AG, which has applied for authorization as a crypto-asset service provider under MiCA (EU 2023/1114), is not currently authorized to offer such services. The company has a commercial register number of FL-0002.580.678-2 and is located at Herrengasse 6, 9490 Vaduz.

The exploit hit the exchange's network used by exchanges, causing significant financial losses for users. LCX Exchange has warned that crypto-assets involve significant risks, including total loss, and advised users to exercise caution.

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