Raft: Is working with law enforcement, CEX, and other parties to identify the attacker and develop a recovery plan

2023-11-13 21:21:09
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ChainCatcher news, the collateralized stablecoin protocol Raft released a security incident analysis and recovery plan on November 11. Raft is working with law enforcement, CEX, and other parties to identify the attackers and is developing a detailed recovery plan to compensate all users affected by the incident as fairly as possible. The main cause of the attack was a precision calculation issue when minting share tokens, which allowed exploiters to obtain additional share tokens.

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