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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Zoth releases stolen update: Establishes a $500,000 public reward for valuable clues
According to BlockBeats news on March 22, the RWA project Zoth released an update regarding the theft, stating that "the team is actively investigating the theft incident and is cooperating with professionals to trace the stolen funds and recover them. Additionally, Zoth has partnered with Crystal Blockchain BV to conduct a comprehensive investigation of the incident. 73% of Zoth platform's TVL (Total Lock-up Value) has been immediately secured with the help of the asset issuer. A detailed report will be shared in a few weeks. Zoth has announced a public bounty of $500,000. Any actionable leads that assist in the recovery of funds will receive rewards from the bounty." Previously, Zoth confirmed it had experienced a security breach attack, and the attackers of Zoth have exchanged the stolen funds for 4,223 ETH.