Transit Swap will bear 100% of the stolen losses of users, and will first refund the assets returned by hackers on October 7

Transit Swap, a cross-chain DEX aggregator, announced the latest progress of the theft incident, saying that it will bear 100% of the user's stolen losses. Return user assets. And the first step will be to return the assets returned by the hacker on October 7th. The website for users to view and claim has now been announced, and the second step refund plan will be announced as soon as possible. At the same time, Transit Swap hopes that all hackers, attack imitators, and arbitrageurs who participated in the incident will conduct friendly negotiations based on the bug bounty and refund reward (5% of the relevant amount), and return the remaining assets of the user. From October 8, 2022, Transit Swap officials will regard hackers, attack imitators, and arbitrageurs who have not returned user assets as attackers, and assist damaged users to start relevant legal procedures and seek the intervention of law enforcement agencies. Until the attacker is found and all stolen funds recovered.