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Venus Protocol: Returned Kuan Sun’s $11.4 million position
3days ago

Odaily Planet Daily reported that the decentralized lending protocol Venus Protocol announced on the X platform that after due diligence, the team has officially returned the $11.4 million position of Kuan Sun (@KuanSun1990), the person involved in the phishing incident, at today's token price.

Earlier news, Venus Protocol released an analysis of a phishing incident, stating that on September 2nd, user Kuan Sun lost approximately $13 million in a phishing attack. The Venus team successfully recovered all funds and restored normal operation of the protocol within 13 hours by suspending the protocol and forcibly liquidating the attacker's wallet. A security audit confirmed that the protocol itself was not affected.