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Loopscale: Hackers are willing to return stolen funds through bounties

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2025-04-28 01:00:07
The official social media account of Loopscale Labs revealed that the project team received a response from the hackers at 3:52 PM EST, expressing their willingness to return the stolen funds through a bounty.
Loopscale Labs said that the two sides are currently actively negotiating to reach an amicable solution. In view of this progress, the project party will delay the release of the withdrawal recovery plan and the full analysis report of the incident, which is expected to be released in the next few days.
The Loopscale protocol was hacked and about 5.70 million USDCs and 1,200 SOLs were stolen.
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