PANews reported on March 22 that the RWA project ZOTH released an update on the theft on platform X, revealing that the team is actively investigating the theft incident. On-chain activities indicate that this was a well-planned attack. They are currently collaborating with professionals to track the stolen funds and recover them. 73% of the TVL (Total Lock-up Value) on the platform has been immediately secured with the help of the asset issuer. A detailed report on the attack incident is expected to be shared in the coming weeks. Additionally, ZOTH announced the establishment of a public bounty of $500,000, and any actionable leads that assist in the recovery of funds will receive rewards from the bounty.
According to previous news, after ZOTH was attacked, hackers exchanged 8.8 million USDO++ for 8.3 million DAI, and then swapped DAI for 4,223 ETH through CoW Swap, depositing it into address 0x7b0c…60cf, which currently has a balance of about 4.2K ETH.
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ZOTH has set up a $500,000 bounty for information on the stolen funds and plans to disclose a detailed report in the coming weeks.
PANews reported on March 22 that the RWA project ZOTH released an update on the theft on platform X, revealing that the team is actively investigating the theft incident. On-chain activities indicate that this was a well-planned attack. They are currently collaborating with professionals to track the stolen funds and recover them. 73% of the TVL (Total Lock-up Value) on the platform has been immediately secured with the help of the asset issuer. A detailed report on the attack incident is expected to be shared in the coming weeks. Additionally, ZOTH announced the establishment of a public bounty of $500,000, and any actionable leads that assist in the recovery of funds will receive rewards from the bounty. According to previous news, after ZOTH was attacked, hackers exchanged 8.8 million USDO++ for 8.3 million DAI, and then swapped DAI for 4,223 ETH through CoW Swap, depositing it into address 0x7b0c…60cf, which currently has a balance of about 4.2K ETH.