Funds Stolen from Kontigo: Over 340,000 USDC Stolen from User Accounts
Kontigo, a financial services platform for digital assets focused on Venezuelan users, suffered an unauthorized access incident in early January 2026, resulting in the theft of 340,905.28 USDC from 1,005 user accounts. The company isolated the affected systems, activated security protocols, and reimbursed 100% of the stolen funds to the affected users. This was a theft/exploitation of funds, not a data breach; the attack vector was not disclosed.
Impact details
1,005 Affected people
Public sources report that attackers stole 340,905.28 USDC from 1,005 Kontigo users. The company reimbursed the funds and imposed temporary withdrawal restrictions as a security measure. No public evidence of personal data compromise was found.
Classification & severity
- Category
- Fraud
- Subtype
- unauthorised financial transaction
- Confidence
- High
The term “public coverage” refers to the unauthorized withdrawal of users’ USDC balances, not to a data breach.
Severity assessment
High- Functional impact
- Degraded (non-critical)
- Information impact
- None
- Affected scope
- Multiple users
- Critical service
- Potential
- Public confidence
- Moderate
- Recoverability
- Regular
Multiple public reports and company statements confirm a cyber theft that affected 1,005 users and resulted in a loss of 340,905.28 USDC, an amount that was subsequently reimbursed. This is an incident with financial and service-related repercussions, not an incident related to data confidentiality.
Timeline
Unauthorized access to Kontigo resulted in the theft of 340,905.28 USDC from 1,005 user accounts.
Kontigo publicly reports the incident, stating that it has isolated the affected systems and reimbursed 100% of the stolen funds.
The platform reports a second attempted attack targeting its authentication processes, which was promptly contained by the security team.