Odin.fun Co-Founder: Some of the Hacker’s Funds Have Been Frozen, Efforts Underway to Recover Assets
On August 19, Bob Bodily, co-founder of Odin.fun, announced that a portion of the related funds in certain CEXs and tokens has been frozen. The team is cooperating with authorities to track down those involved and is working to recover the assets. The platform is close to completing its audit and repairs; once the audit firm has reviewed the results, the report will be made public. Before resuming trading, the platform will ensure full 1:1 coverage of user funds. The team is also addressing the impact caused by the attacker, removing abnormal transactions and retaining only legitimate user trades. Bob stated that trading will resume only after fund confirmation, audit completion, and platform cleanup are all in place. While the timeline is not yet determined, progress is going well.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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