Triple A Treasury Wallets Hacked, Loss Estimated at $11.8 Million

Triple A has confirmed that it experienced an unauthorized access to its treasury wallets, resulting in the loss of company-owned digital assets. The incident occurred on July 25 and affected only Triple A's treasury assets, with no impact on client funds or payment operations.

The company stated that all services have since been restored, and transactions and settlements are processing normally across all markets. It also emphasized that the financial impact will be covered by its treasury reserves and that normal operations have resumed.

Triple A is working with cybersecurity experts, blockchain forensics specialists, and relevant authorities to investigate the incident, trace the affected assets, and support recovery efforts. The company has not disclosed how the unauthorized access occurred or whether it resulted from compromised credentials, infrastructure weaknesses, or another attack method.