ZOTH offers $500,000 reward for clues to stolen funds, plans to release detailed report in the coming weeks

PANews reported on March 22 that the RWA project ZOTH released a stolen update on the X platform, disclosing that the team is actively investigating the theft. On-chain activities indicate that this is a well-planned attack. They are currently working with professional experts to track the stolen funds and recover them. 73% of the TVL (total locked value) on the platform has been immediately secured with the help of the asset issuer. A detailed report on the attack is planned to be shared in the coming weeks. In addition, ZOTH also announced that a public bounty of $500,000 has been set up, and any actionable clues that help recover the funds will be rewarded from the bounty.

According to previous news , after ZOTH was attacked, the hacker exchanged 8.8 million USDO++ for 8.3 million DAI, and then exchanged DAI for 4,223 ETH through CoW Swap, which was deposited into the address 0x7b0c…60cf. The current balance of this address is about 4.2K ETH.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
The three major U.S. stock indexes closed mixed, with COIN falling more than 3.44%.
PANews Newsflash