Zoth releases stolen update: A $500,000 public bounty has been established to fund valuable clues

ChainCatcher news, according to official information, the RWA project Zoth has released an update regarding the theft, stating that the team is actively investigating the incident and collaborating with professionals to trace the stolen funds and facilitate recovery. Additionally, Zoth has partnered with Crystal Blockchain BV to conduct a comprehensive investigation into the incident.

73% of Zoth platform's TVL (Total Value Locked) has been immediately secured with the help of the asset issuer. A detailed report will be shared in a few weeks.

Zoth has announced a public bounty of $500,000. Any actionable leads that assist in the recovery of funds will be rewarded from the bounty.

Previously, Zoth confirmed that it had encountered a security breach, and the attackers had exchanged the stolen funds for 4,223 ETH.