Odin Fun releases the 4th update on the attack incident, with eight fixes and accountability efforts moving forward in parallel

BTC0.66%
CRYPTOBURG-28.05%

Gate News update: On April 9, Odin Fun co-founder Bob Bodily posted on X that multiple lines of work related to the Odin Fun attack are currently being carried out in parallel: the platform is rolling back to the state before the attack occurred; efforts are underway to retrieve large amounts of cryptocurrency withdrawn from the platform after the attack; it is working with law enforcement agencies and exchanges to trace and freeze the attackers’ funds, and to prepare legal action; it is coordinating with other Bitcoin protocols that have also been affected by a third-party smart contract vulnerability; the vulnerability has been confirmed, fixed, validated, and deployed to production; a comprehensive third-party smart contract audit is underway; it is maintaining ongoing communication with the major community to strive for the best resolution; and it is jointly discussing with users the optimal path to restart the platform. Previously, on April 1, Odin Fun saw abnormal, large-scale sell-offs, mainly involving a small number of meme coins (such as BURRITO and CRYPTOBURG), followed by reports from multiple users that account balances were abnormal and that BTC and tokens were extracted abnormally.

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