BlockBeats News, March 22nd, according to official sources, RWA project Zoth has released a stolen update stating, "The team is actively investigating the theft incident and working with professional experts to track the stolen funds and facilitate recovery. In addition, Zoth has partnered with Crystal Blockchain BV to conduct a comprehensive investigation of this event.
73% of Zoth platform's TVL (Total Value Locked) has been immediately safeguarded with the assistance of the asset issuer. A detailed report will be shared in the coming weeks.
Zoth has announced the establishment of a $500,000 public bounty. Any actionable leads that contribute to fund recovery will receive rewards from the bounty."
Previously, Zoth confirmed being subject to a security vulnerability attack, with the Zoth attacker having exchanged the stolen funds for 4223 ETH.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.