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Home»TRADING NEWS»Aark Digital Offers 15% Bounty to Hackers Responsible for $1.5 Million Attack on Vaults
TRADING NEWS

Aark Digital Offers 15% Bounty to Hackers Responsible for $1.5 Million Attack on Vaults

By Crypto FlexsOctober 27, 20242 Mins Read
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Aark Digital Offers 15% Bounty to Hackers Responsible for .5 Million Attack on Vaults
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Tortola, British Virgin Islands, October 25, 2024, Chainwire

Aark Digital recently experienced a security incident where an unauthorized party accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH. In response, the project began 24/7 recovery efforts while also implementing additional security measures to prevent further unauthorized activity.

As part of its recovery strategy, Aark Digital is offering a 15% reward to those responsible for the safe and complete return of the embezzled assets. This bounty of 225,000 USDC is intended to encourage the return of funds, details of which can be found on Arkham’s bounties platform here.

If full recovery does not occur, Aark Digitial said it will announce a deployment plan to appropriately address the situation. The organization has set a deadline of 15:00 UTC on October 26, 2024 for the responsible parties to respond, and said it is prepared to take legal action if the funds are not returned within this time.

Aark Digital is committed to keeping the community informed throughout this process, emphasizing our commitment to transparency and user security.

Aark Digital will continue to release updates as the situation unfolds.

Introduction to Arc Digital

Aark Digital is a blockchain-focused project dedicated to providing secure and innovative solutions within the digital asset space. Committed to transparency and user security, Aark Digital utilizes cutting-edge technology and industry best practices to protect your assets and build trust within your community. Aark Digital aims to foster the growth and adoption of decentralized finance globally.

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henry
Arc Digital
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