Arcus accounting flaw exploited to withdraw 2,234,391 USDG
An attacker exploited an accounting flaw in the way Arcus recorded transfers between subaccounts to withdraw 2,234,391 USDG. Arcus used company reserves to cover the shortfall and corrected the flaw. A separate attempt to withdraw approximately $3 million was blocked.
Key facts
- Affected organisation
- Arcus
- Incident type
- Hacking & intrusion
- Occurred / detected
- 2026-11-09
- Scale of damage
- Unauthorised withdrawal of 2,234,391 USDG
- Cause / method
- Exploitation of an accounting flaw in records of transfers between subaccounts
- Location
- Other countries
Timeline
- It was disclosed that Arcus had used its reserves to cover the shortfall from the unauthorised withdrawal and corrected the accounting flaw.
1 related reports
The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.