KiloEx: The vulnerability has been fixed and a compensation plan is being developed and funds are being raised. A case has been filed in Hong Kong
Odaily News KiloEx released the progress of the hacking incident on April 15 on the X platform, saying that it has reported the case to the Hong Kong police and filed a case. It is cooperating with the Criminal Division and the Cybersecurity Department to investigate, and some information related to the hacker has been obtained. At the same time, it also cooperated with the security company SlowMist to submit a detailed incident report, which will be released publicly when the time is right.
The security vulnerability has been fixed and there is no risk of position liquidation. All positions will be settled at the snapshot price before the incident. KiloEx is formulating a compensation plan and raising funds. The Vault function will be gradually restored after the plan is implemented, and user funds are safe. The hacker has not yet moved the stolen funds. KiloEx has sent letters on the chain several times asking them to return 90%, but has not received a response. The relevant addresses have been blocked in coordination with multiple DeFi protocols and CEX. In response to rumors about internal involvement, KiloEx solemnly clarified: The police and SlowMist have fully intervened in the investigation and obtained all internal data. If there are internal problems, the case will not be filed.
