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

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PANews
2 days ago
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PANews reported on March 22 that the RWA project ZOTH released an update on the theft on X platform, disclosing that the team is actively investigating the incident. On-chain activities indicate this was a carefully planned attack. They are currently collaborating with professional experts to track and recover stolen funds. 73% of the TVL has been immediately secured with the help of asset issuers, and they plan to share a detailed report on the attack in the coming weeks. Additionally, ZOTH has announced a $500,000 public bounty, with rewards from the bounty available for any actionable clues that help recover the funds.

Previous reports indicated that after the ZOTH attack, hackers had exchanged 8.8 million USDO++ for 8.3 million DAI, and then converted DAI to 4,223 ETH through CoW Swap, depositing it into address 0x7b0c…60cf, which currently has a balance of approximately 4.2K ETH.

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