Kame Aggregator, a decentralized exchange aggregator on the Sei network, confirmed the successful recovery of part of the funds stolen during a data breach. The team reported that negotiations with the hacker yielded results, recovering $832,500 in ETH.
Funds Returned After Negotiations with Hacker
The campaign to recover funds commenced soon after suspicious activity was detected. Through negotiations with the hacker, $832,500 in ETH was moved into a recovery wallet. A full audit is currently underway to trace stolen assets and assess impacted accounts.
Community Support and Market Impacts
Kame highlighted the importance of collaboration within the community to track down the stolen funds and recover part of them. Meanwhile, Ethereum prices increased by 5% within a day, rising from $4,500 to $4,719, indicating positive market dynamics.
Compensation Plan for Users
The project also announced it is developing a compensation plan for affected users. Specific measures will be disclosed after a wallet audit. Users have been advised to revoke their token approvals and enable enhanced security measures.
The recovery of $832,500 in ETH marks a significant step in limiting the damage for Kame Aggregator. A full audit and compensation plan are expected to restore user confidence in the platform.
