KiloEx Confirms Full Recovery Of Funds Following $7M Security Breach, Initiates Legal Closure Process
Article
Authors
Ana O.
Alisa Davidson
Publisher
MPost
Web URL
https://mpost.io/kiloex-confirms-full-recovery-of-funds-following-7m-security-breach-initiates-legal-closure-process/
Referenced by
KiloEx recovers all stolen funds after security breach
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Decentralized trading platform KiloEx announced that it successfully recovered the entirety of the funds involved in a recent security breach that occurred earlier this week, ensuring that no users were left with financial losses.
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As part of its recovery approach, KiloEx extended a proposal to the perpetrator, offering to treat them as a white hat by allowing them to retain a part of the stolen funds.
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