Thomas Silkjær, the creative director at 2K/DENMARK, outlined a “potential security breach” at GateHub might have caused users to lose approximately 23 million XRP.
GateHub is a wallet and gateway for to safely store/transact XRP. In a Medium article, Silkjær wrote that the breach was noticed on June 1 in a transaction of approximately 201,000 XRP sent between two wallets.
Silkjær wrote: “it turned out that the account robbed was managed through Gatehub .net, and that the offending account (r9do2Ar8k64NxgLD6oJoywaxQhUS57Ck8k) had stolen substantial amounts from several other XRP accounts, likely to be or have been managed through Gatehub .net.”
There were a total of 12 suspected accounts as mentioned by Silkjær which may have connections leading to the loss of funds. The first victim was stolen of 10,000 XRP via a transaction that took place on May 30, 2018, at 12:25 UTC.