View source for Huobi Account Breached Despite 2FA xemtime

{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/huobiaccountbreacheddespite2faxemtime.php}}
{{Unattributed Sources}}

[[File:Huobi.jpg|thumb|Huobi Website]]Reddit user xemtime reports that their Huobi account was breached and 2.56 bitcoin were stolen from them via an unauthorized withdrawal.

This is a global/international case not involving a specific country.<ref name="redditold-11557" /><ref name="redditold-11558" /><ref name="coinmarketcap-623" /><ref name="huobi-11559" />

== About Huobi ==
"Hacker sold my all altcoin to 2.56btc and transfered to hacker's wallet. i got 2FA Google authen and my account was verified. I check my email and i did not receive Withdraw Email Verification, i dont think my email was hacked. I think my laptop has trojan. So Is it my fault or Houbi system has problem??? how can i check gmail log in log on june 22 that the day my account was hacked ??? Houbi said call Police...Where is the police can handle this??"

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:
* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - Huobi Account Breached Despite 2FA xemtime
!Date
!Event
!Description
|-
|June 22nd, 2018
|Date Of Hack
|The reported date of the hack.
|-
|September 30th, 2018 8:18:53 PM MDT
|Reddit Post
|Incident is posted on Reddit.
|}

== Technical Details ==
This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

== Total Amount Lost ==
The total amount lost has been estimated at $16,000 USD.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?
== Individual Prevention Policies ==
{{Prevention:Individuals:Placeholder}}

{{Prevention:Individuals:End}}

== Platform Prevention Policies ==
{{Prevention:Platforms:Placeholder}}

{{Prevention:Platforms:End}}

== Regulatory Prevention Policies ==
{{Prevention:Regulators:Placeholder}}

{{Prevention:Regulators:End}}

== References ==
<references><ref name="redditold-11557">[https://old.reddit.com/r/btc/comments/9kcdvw/my_houbi_account_was_hackedhelp/e6yja7j/ normal_rc comments on My Houbi account was hacked..Help!!!] (Oct 17, 2022)</ref>

<ref name="redditold-11558">[https://old.reddit.com/r/btc/comments/9kcdvw/my_houbi_account_was_hackedhelp/ My Houbi account was hacked..Help!!! : btc] (Aug 23, 2023)</ref>

<ref name="coinmarketcap-623">[https://coinmarketcap.com/currencies/bitcoin/historical-data/ Bitcoin price today, BTC live marketcap, chart, and info | CoinMarketCap] (May 16, 2021)</ref>

<ref name="huobi-11559">[https://www.huobi.com/en-us/#exchange https://www.huobi.com/en-us/#exchange] (Aug 23, 2023)</ref></references>