Exchange record
WOO X
Centralized cryptocurrency trading platform associated with the WOO ecosystem. After a contained July 2025 unauthorized-withdrawal incident affecting nine accounts, FusionX Digital agreed in October 2025 to acquire and become the new operator of WOO X while user accounts, assets, trading, and support continued without interruption.
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Key facts
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Summary
Centralized cryptocurrency trading platform associated with the WOO ecosystem. After a contained July 2025 unauthorized-withdrawal incident affecting nine accounts, FusionX Digital agreed in October 2025 to acquire and become the new operator of WOO X while user accounts, assets, trading, and support continued without interruption.
Timeline
WOO X reported a contained incident in which nine user accounts experienced unauthorized withdrawals totaling about USD 14 million, while saying the affected users would be fully covered.
As a precaution after the unauthorized-withdrawal incident, WOO X temporarily suspended withdrawals while completing an internal review and coordinating with security teams and other exchanges.
WOO X said affected users had been contacted and that all unauthorized withdrawals would be fully covered, supporting active-side treatment rather than dead or insolvent classification.
WOO announced a strategic partnership under which FusionX Digital would acquire the centralized exchange WOO X and become its new operator, with accounts, assets, trading, and support remaining uninterrupted.