PANews news on March 22, the RWA project ZOTH announced a stolen update on the X platform, revealing that the team is actively investigating the theft incident. On-chain activities indicate that this was a well-planned attack, and they are currently collaborating with professional experts to trace the stolen funds and facilitate recovery. 73% of the TVL (Total Lock-up Value) on the platform has been immediately secured with the help of the asset issuer. A detailed report of the attack incident is expected to be shared in the coming weeks. In addition, ZOTH announced the establishment of a public bounty of $500,000, and any actionable clues that assist in the recovery of funds will receive rewards from the bounty.
According to previous reports, after ZOTH was attacked, the hacker exchanged 8.8 million USDO++ for 8.3 million DAI, and then used CoW Swap to convert the DAI into 4,223 ETH, which was deposited into the address 0x7b0c…60cf, and the current balance of that address is approximately 4.2K ETH.
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