According to ChainCatcher, Bitcoin DeFi platform ALEX Lab recently announced financial updates and details of the recovery of stolen assets. The platform recently sold 3% of its tokens to raise 10 million USDC, of ​​which 7 million was used for bounties or Treasury Grant projects, and the remaining funds were 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.