Aark Digital is offering a 15% reward to the hacker responsible for the $1.5 million vault attack

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Tortola, British Virgin Island, October 25, 2024, Chainwire

Aark Digital recently experienced a security incident where an unauthorized person accessed and withdrew approximately 1,386,085 USDC and 24,143 ETH. In response, the project launched a 24/7 data recovery effort while implementing additional security measures to protect against any further unauthorized activity.

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As part of its recovery strategy, Aark Digital is offering a 15% reward to the person responsible, contingent on the unthreatening and complete return of the misappropriated assets. This reward, worth $225,000 USDC, is intended to encourage refunds, and additional details can be found on the Arkham rewards platform here.

If a full recovery does not occur, Aark Digitial said it will announce a distribution plan to appropriately address the situation. The organization has set a deadline for October 26, 2024, at 15:00 UTC, for the responsible party to respond, stating that it is prepared to take legal action if the funds are not returned by this date.

Aark Digital is committed to keeping its community informed throughout this process, emphasizing its commitment to transparency and user safety.

Aark Digital will continue to post updates on the situation as they become available.

About Aark Digital

Aark Digital is a blockchain-focused project aimed at providing secure, groundbreaking solutions in the digital asset space. Committed to transparency and user safety, Aark Digital uses cutting-edge technology and industry best practices to protect assets and build trust within its community. Aark Digital aims to accelerate the development and adoption of decentralized finance around the world.

ContactManagerHenryDigital Aarkhenry@aark.digital

This article was originally published on Chainwire

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