Triple-A Confirms $11.8M Treasury Hack as Hot Wallets Continue to Drain
TLDR
- Singapore crypto payments firm Triple-A confirmed unauthorized access to its treasury wallets
- Losses reached $11.8 million, up from an initial estimate of $9.3 million
- New deposits were still being drained 31 hours after the first outflows were detected
- Client funds were not affected as they are held separately in trust accounts
- Triple-A is working with cybersecurity firms, blockchain forensics teams, and Singapore police
Triple-A, a Singapore-based stablecoin payments company, confirmed on Monday that hackers broke into its treasury wallets over the weekend, draining $11.8 million in company-owned crypto assets.
Triple-A Hit by $9.7M Hot Wallet Hack
Crypto payment gateway Triple-A (@TripleAHQ) has been drained of ~$9.7M in a multi-chain exploit, flagged by on-chain analyst Specter & PeckShield.
What we know:
✅ Funds drained across TRON, Ethereum + more chains
✅ Attacker swapped… pic.twitter.com/vrTYYeCT2O- Crypto Patel (@CryptoPatel) July 25, 2026
The breach was first flagged on Friday by onchain investigator Specter, who put initial losses at $9.3 million. By Sunday, that figure had grown to $11.8 million as funds continued to flow out of the affected wallets.
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