Alex Lab: Some of the stolen funds have been recovered and will continue to be tracked. Remedial measures are being considered for affected users

Bitcoin DeFi application Alex Lab released an update on the attack: About the affected assets: The attacker conducted a targeted attack and took over the administrator privileges of a vault associated with the ALEX liquidity pool, affecting all assets in it, including approximately 13.7 million STX, of which approximately 3 million were sent to various CEXs, and the amount is still increasing, and the balance is retained in several wallets. So far, the team has recovered all aBTC, sUSDT, xBTC, xUSD, ALEX, atALEX, LiSTX, LUNR, SKO, CHAX, $B20, ORDG, ORMM, ORNJ, TRIO, TX20, and STXS. ALEX's smart contract code and infrastructure have not been compromised. About monitoring and actions: The team is closely monitoring the attacker's wallet and has notified all relevant CEXs. All known CEX accounts associated with the attacker have been frozen. In addition, all these exchanges have been asked to stop all deposit and withdrawal functions until further notice. Regarding fund recovery: The team has identified a portion of the stolen funds and is recovering them from a CEX. At the same time, we are actively working with other CEXs to facilitate the return of more funds through the necessary processes. Regarding legal measures: In order to further recover the stolen funds, the team is preparing to submit a police report. If the attacker does not cooperate in time, the police will be supported to assist in the fund recovery. In order to further monitor the attacker's actions and prevent any further fund transfers, current forensic data is being shared with all relevant CEXs. The official also stated that since there is no guarantee that all stolen funds can be recovered, it is evaluating the use of ALEX reserves held by the Alex Lab Foundation to fund a treasury grant program to support the community affected by the attack. Yesterday, ALEX Lab lost $4.3 million in the attack and promised to provide hackers with a 10% bounty to return the stolen assets.