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Triple-A Confirms Treasury Wallet Breach After Reported $11.8M Loss

Triple-A confirmed unauthorized access to company treasury wallets, while onchain investigator Specter estimated losses at about $11.8 million.

Financial news writerUpdated: 0 ViewsSource CoinTelegraph

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Triple-A Confirms Treasury Wallet Breach After Reported $11.8M Loss
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Triple-A confirmed unauthorized access to company treasury wallets, while onchain investigator Specter estimated losses at about $11.8 million.

Triple-A Confirms Treasury Wallet Breach After Reported $11.8M Loss

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Written by

Ezra Reguerra

staff writer

Reviewed by

Bryan O'Shea

staff editor

Written by

Ezra Reguerra

staff writer

Reviewed by

Bryan O'Shea

staff editor

Triple-A confirms treasury-wallet breach after losses reach $11.8M

Latest News

Published

Jul 27, 2026

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.

Stablecoin payments firm Triple-A confirmed that unauthorized access to its treasury wallets resulted in the loss of company-owned digital assets.

On Monday, the Singapore-based company

said

it detected the unauthorized access on Saturday and temporarily placed certain services into maintenance mode for about three hours while it secured the affected infrastructure. Triple-A said client funds were not affected because it does not custody digital assets on behalf of customers and keeps client funds separately in trust accounts with safeguarding institutions.

Triple-A did not disclose the amount lost or explain how the wallets were compromised. Onchain investigator Specter previously

estimated

the losses at about $11.8 million.

The company said the financial impact was limited to specific operational accounts and would be absorbed through its treasury reserves. It added that all services had been restored and transactions and settlements were processing normally.

Triple-A said it was working with cybersecurity specialists, blockchain forensics firms and authorities, including the Singapore Police Force, to investigate the incident, trace the assets and support recovery efforts.

Related:

Garden Finance disables app as Blockaid reports $450,000 exploit

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Disclaimer

Original YayaNews editorial coverage, published for informational purposes.

This article is sourced from CoinTelegraph. It is for informational purposes only and does not constitute investment advice.

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