Aark Digital Offers 15% Bounty for $1.5M Vault Attack

[PRESS RELEASE – Tortola, British Virgin Islands, October 25th, 2024]

Aark Digital has recently faced a security breach where an unauthorized entity accessed and withdrew approximately 1,386,085 USDC and 24.143 ETH. In light of this incident, the project has initiated around-the-clock recovery measures and has put in place enhanced security protocols to prevent any future unauthorized actions.

As part of its recovery initiative, Aark Digital is presenting a 15% bounty to the individual who returns the stolen assets safely and completely. This bounty, totaling 225,000 USDC, is designed to encourage the return of the funds, with further information available on Arkham’s bounty platform here.

If a full recovery does not take place, Aark Digital has stated that it will announce a distribution strategy to manage the situation appropriately. The organization has set a deadline of October 26th, 2024, at 15:00 UTC, for the individual responsible to come forward, indicating its readiness to take legal action if the funds are not returned by that time.

Aark Digital remains dedicated to keeping its community updated throughout this ordeal, underlining its commitment to transparency and user safety.

Updates on the situation will be provided by Aark Digital as they arise.

About Aark Digital

Aark Digital is a blockchain-oriented initiative focused on delivering secure, innovative solutions within the digital asset ecosystem. With a commitment to transparency and user security, Aark Digital utilizes state-of-the-art technology and industry best practices to protect assets and foster trust within its community. The organization is dedicated to promoting the growth and adoption of decentralized finance on a global scale.