ASAP Market Goes Back Online, Suffers Immediate DDOS Attack
After being taken offline on Tuesday to patch a vulnerability, ASAP Market admin LeChacal took to the Dread forum yesterday to announce the market was back up and running. This included re-enabling withdrawals for vendors and other users, order placement, and resumption of the rest of market functions as usual. Within less than a couple of hours, however, the market was unreachable as it once again became the target of an ongoing DDOS attack.
An earlier disabling of withdrawals combined with Tuesday’s announcement that the market was being taken offline prompted several of the market’s vendors to announce they were on vacation mode, many of which have thus far not announced their return. The week’s earlier events also induced fear of an impending exit scam which now linger due to the market remaining unreachable. LeChacal’s announcement on Dread of the market’s intention to return was greeted with optimism and pledges of donations by users to keep the battered market open for business.
“Without going into graphic details of everything and without disclosing the exact amount of coins we lost in this fiasco. I only want to inform that we have lost a big amount of crypto,” said LeChacal in yesterday’s post. “Most of the markets would have exit scammed after such loss but we’re still here,” they added. The admin went on to explain that ASAP’s funds were kept in hot wallets for convenience purposes, admitting they were aware of the risk this entailed and the reason why they had apparently suffered a hack.
Originally opened under the name ASEAN, ASAP Market has been in operation for over two years, though its history has been marred by periods of downtime, persistent DDOS attacks, and several reports of dishonest vendors. Inaccessibility due to DDOS attacks has been a recurring theme for the market since December of last year. Regardless, regular communications from market staff have helped the market maintain a loyal following of users.
All market mirrors were still unreachable as of the writing of this article.