ALEX recently sold 3% of its tokens to raise 10 million USDC for rewards, etc. 4 million stolen STX was sent to 27 exchanges

According to TechFlow, Bitcoin DeFi platform ALEX Lab announced an update on its financial status and details of the recovery of stolen assets. It recently sold 3% of its tokens to raise 10 million USDC, of ​​which 7 million will be used for bounties or Treasury Grant projects, and the remaining funds will be used for foundation operations, personnel expenses, marketing, security contracts and legal fees.

About 4 million STX were sent to 27 different exchanges, of which about 1 million STX could not be recovered. In addition, 10 million STX are suspected to be controlled in several on-chain wallets, and the foundation is working hard to contact the relevant parties.