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Sui validators vote on $162M Cetus recovery plan to restore user funds
28.5.2025
Sui-based decentralized exchange Cetus may be one step closer to recovering funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June 3.Cetus was exploited for over $220 million worth of digital assets on May 22. Shortly after the incident, Cetus...
Twice lucky? Cetus’ recovery plan on Sui mirrors a Solana blueprint
23.5.2025
The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago.It turns out that Cetus shares the same development team as Crema Finance, a Solana-based DeFi project that suffered...
WazirX to Get Day in Court Next Month, With Payouts After 10 Days If Recovery Plan is Approved
22.4.2025
The exchange has wrapped up all prep work for the hearing, where the court will decide on approving WazirX’s restructuring and user compensation plan
Wazirx Says ‘Poll Is Not Final’ — Shares Additional Cyberattack Recovery Plan
29.7.2024
Indian crypto exchange Wazirx has assured users that the poll conducted to gather input for reopening the platform following the recent major cyberattack is not final and “not legally binding upon the users or Wazirx.” Co-founder Nischal Shetty explained that Wazirx “will soon...
WazirX launches fair fund recovery plan post $230M hack
27.7.2024
Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution
WazirX launches fund recovery plan post $230M hack
27.7.2024
Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution
WazirX launches fund recovery plan post $230M hack
27.7.2024
Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution
Alex Labs rolls out post-exploit recovery plan
30.5.2024
Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations
Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis
29.2.2024
Gemini has announced its settlement with Genesis, plans to return $1.8 billion to Earn users, with the first distributions expected within two months, pending court approval.
The post Gemini Announces $1.8 Billion Recovery Plan for Earn Users, Reaches In Principle Settlement with Genesis appeared...
Celsius’ Path to Recovery Hindered by SEC Challenges: Report
20.11.2023
Source: Pixabay Bankrupt cryptocurrency lending company Celsius’ recovery plan has hit a road block with the US Securities and Exchange Commission. Coindesk reported on Monday that the SEC wants more information about the bankrupt crypto lender’s assets, citing a source familiar with the matter....
FTX Estate Proposes Recovery Plan With 90% Asset Return Expected
19.10.2023
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery Proposed in Bankruptcy Plan The FTX debtors’...
Galxe shares recovery plan for affected users
11.10.2023
Galxe suffered a security issue on October 6, 2023. The venture has now come up with a plan to make recovery accessible to those users who were affected. Reference first: select users had authenticated a transaction on the phishing site. Thereby, they lose their funds to the scammers. However...
Cypher announces recovery plan, says it will 'socialize' losses in initial stage
23.8.2023
Cypher announced that losses from the exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches
Australian Crypto Exchange Digital Surge Set to Come Back Online After Stakeholders Sign Recovery Plan
15.2.2023
Australian cryptocurrency exchange Digital Surge is set to come back online after stakeholders signed the recovery plan on Wednesday
Logan Paul unveils CryptoZoo recovery plan: Nifty Newsletter, Jan 11–17
18.1.2023
Professionals working within the NFT space spoke about the NFT gaming trends to watch out for in 2023
Logan Paul unveils $1.3M CryptoZoo recovery plan
14.1.2023
As part of the plan, Logan Paul stated that he will commit 1,000 ETH to repay disgruntled investors that want to make an exit via burning their CryptoZOO NFTs
Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan
26.8.2022
Cryptocurrency exchange Zipmex has appointed a restructuring and financial firm to assist with a recovery plan after it was forced to halt withdrawals and seek protection from creditors
Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’
26.8.2022
The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand's SEC, and government agencies
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...
Voyager can't guarantee all customers will receive their crypto under proposed recovery plan
11.7.2022
The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets."