Alex Protocol Collaborates with Exchanges to Recover Stolen Funds and Offers Hacker Reward

IconCNT15 May, 2024

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Alex Protocol Collaborates with Exchanges to Recover Stolen Funds and Offers Hacker Reward

Alex Protocol has collaborated with exchanges to freeze a significant portion of the funds stolen in the recent bridge exploit. The hacker is offered a 10% reward if 90% of the assets are returned by May 18th, 5 pm (KST). Blockchain security firm CertiK detected suspicious transactions worth $4.3 million from a contract upgrade on Alex Protocol's bridge. The Alex team is working with partners to resolve the situation and has requested victims to return the stolen funds.