Arcus accounting flaw exploited to withdraw 2,234,391 USDG
An attacker exploited an accounting flaw in how Arcus recorded transfers between subaccounts to withdraw 2,234,391 USDG. Arcus covered the shortfall with company reserves and fixed the flaw. A separate attempt to withdraw approximately $3 million was blocked.
Key facts
- Affected organization
- Arcus
- Incident type
- Hacking & intrusion
- Occurred / detected
- 2026-11-09
- Scale of damage
- Unauthorized 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 covered the shortfall caused by the unauthorized withdrawal with its reserves and fixed 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 organization’s official statements for accurate details.