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KiloEx responded to an April exploit on its platform by offering a 10% white hat bounty to the attacker, later confirming the return of funds and officially ceasing legal action.
The $7.5 million exploit on KiloEx was executed by an attacker who manipulated KiloEx’s price oracle system using a permissionless function to open and close trades at artificial prices for profit.

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KiloEX announces user compensation strategy following $7 Million hack

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