PANews reported on October 27 that according to Cryptoslate, Aark Digital recently had a security incident, and unauthorized parties accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH, with a total value of approximately $1.5 million. As part of the recovery strategy, Aark Digital announced the launch of the Arkham Bounty Program, one of which is to provide 6,100 ARKM token incentives (approximately 10,000 USDC), mainly rewarding the provision of actionable intelligence for freezing/recovering stolen assets; the other is to provide 15% of the relevant assets as a bounty (approximately 225,000 USDC) to those who successfully recover the stolen assets.

If the stolen assets cannot be fully recovered, Aark Digitial said it may announce a distribution plan to properly resolve the issue.