Zoth announces theft update: Establishes a public reward of $500,000 to fund valuable clues
According to official news, the RWA project Zoth has released an update on a theft incident, stating that the team is actively investigating the theft and working with experts to track down stolen funds for recovery. In addition, Zoth has partnered with Crystal Blockchain BV to conduct a comprehensive investigation of this incident. 73% of TVL (Total Value Locked) on the Zoth platform has been secured immediately with the help of asset issuers. A detailed report will be shared in a few weeks. Zoth announced that it has set up a public bounty of $500,000. Any actionable clues that contribute to fund recovery will be rewarded from this bounty pool. Previously, Zoth confirmed it was attacked due to security vulnerabilities; attackers have converted stolen funds into 4223 ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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