KiloEx proposes a settlement plan to hackers: returning 90% of the stolen funds will be exempted from white hat exemption

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PANews
04-15
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PANews reported on April 15 that according to an official statement from KiloEx, with the support of law enforcement agencies, cybersecurity institutions, and multiple exchanges, the platform has located the hacker-related addresses and is prepared to freeze funds at any time. KiloEx proposed a settlement plan: if the hacker returns 90% of the stolen funds within 72 hours, they can retain 10% as a white hat bounty and receive official public acknowledgment of their cooperation; otherwise, they will face law enforcement action and legal accountability.

Earlier today, KiloEx was hit by a hacker attack, with a cumulative amount of approximately $7 million. KiloEx stated that the vulnerability has been controlled and the platform has been suspended, and they are tracking the fund flow.

KILO
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