On July 7, according to official sources, Backpack announced the handling results of the transaction anomaly event on July 3, stating that the platform experienced deposit card issues and partial contract position disruptions that day, but user assets were never affected.
During the event, approximately 5,000 users participated in trading, with around 500 users profiting from position anomalies and about 500 users suffering losses. After rolling back the code, the platform decided that profitable users can dispose of their assets at their discretion, while users who suffered losses will receive full compensation.
As of now, Backpack has received 410 compensation claims, processed 242 of them, with a cumulative compensation of approximately $70,000, and the estimated total compensation is expected to be around $200,000. Additionally, Backpack will issue double points to all users who traded on that day as compensation.
