On-chain data shows 5,280 ETH draining into single address following quiet Triple-A wallet breach

Triple-A, a Singapore-based stablecoin payments firm, said unauthorized access to wallets holding its own digital assets was contained without affecting client money. The company has not disclosed the size of its treasury loss or explained how the wallets were accessed.

Triple-A said it identified the incident on July 25. In its July 27 statement, the firm said it does not custody digital assets for clients and holds client funds separately in trust accounts with safeguarding institutions that were not exposed.

Certain services were placed in maintenance mode for approximately three hours while the company secured the affected infrastructure and ran security checks. Triple-A later said all services had been restored and that transactions and settlements were processing normally across all markets.

The company said the financial impact was limited to specific operational accounts and was being fully absorbed from treasury reserves. It also said the affected wallets were operated by Triple A Technologies Pte. Ltd., its Singapore entity, and that other group entities and operations were unaffected. The statement disclosed no asset list, wallet addresses or loss figure, though Triple-A said it remained able to meet its liabilities.

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