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Zoth Post-Theft Update: $500,000 Public Reward Fund Established to Support Valuable Leads

1 days ago

On March 22nd, as per official channels, the RWA project Zoth has put out a stolen update stating, "The team is actively engaged in investigating the theft incident and collaborating with professional experts to trace the stolen funds and facilitate their recovery. Furthermore, Zoth has joined hands with Crystal Blockchain BV to conduct a comprehensive examination of this event." 73% of the TVL (Total Value Locked) of the Zoth platform has been promptly safeguarded with the help of the asset issuer. A detailed report will be made available in the coming weeks. Zoth has announced the establishment of a $500,000 public bounty. Any actionable leads that contribute to the recovery of funds will receive rewards from the bounty. Previously, Zoth confirmed that it had been subjected to a security vulnerability attack, and the Zoth attacker had exchanged the stolen funds for 4223 ETH.
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