Zoth Post-Theft Update: $500,000 Public Reward Fund Established to Support Valuable Leads

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.