Rain Update

2024-05-14 Rain

https://www.rain.com/learn/rain-update-may2024

Rain disclosed and contained a security incident while stating that customer fiat and crypto assets remained fully accounted for and held one-to-one under custody. The update says Rain isolated the issue, added security controls, and covered potential losses, making it a crypto-sector incident note that may need correlation with exchange-theft or DPRK-linked fund-flow intelligence if external evidence emerges.

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