This happened in Canadian exchange catalx halts

CatalX, a Canadian cryptocurrency trading platform, has suspended all trading activities and withdrawals after discovering a security breach that resulted in the loss of client crypto assets.

In a statement, Catal revealed that its management recently detected a breach that allowed unauthorized access to an unspecified amount of cryptocurrencies held on behalf of clients.

CatalX stated that the security lapse likely involved a rogue employee within the organization. The firm has enlisted Deloitte's investigative and forensic teams to undertake a thorough examination of the breach.

All withdrawals and deposits on CatalX remain halted until Deloitte completes its independent audit. The precise scale of the crypto asset loss also remains unclear.