Odin.fun co-founder Bob Bodily announces that stolen funds have been frozen on some exchanges, cooperating with police to recover them.
(Background: Approximately 60 BTC were stolen from Odin.fun! The founder admits, “There are not enough funds for compensation,” pointing to Chinese hackers.)
(Additional Background: Full text by ZachXBT: After counter-hacking North Korean hacker equipment, I understood their “work” model.)
Incident Overview and Official Response
The inscription trading platform Odin.fun was attacked on the 19th, resulting in the theft of approximately 60 BTC. Co-founder Bob Bodily announced in a recent tweet that the attack has led to the freezing of user funds and promised to ensure a 1:1 fund guarantee before trading resumes.
Bob Bodily pointed out that some centralized exchanges and token accounts have also been frozen in sync, and the team is working with law enforcement to track down the attackers and recover the funds. The platform has initiated a complete security audit and emphasized that the results will be published before reopening. His tweet is translated as follows:
Some funds have been frozen in multiple centralized exchanges (CEX) and tokens, and we are cooperating with relevant law enforcement agencies to investigate the individuals involved and promote the return of funds.
The audit and repair work has entered the final stages, and once completed, it will be resubmitted for confirmation by the auditing party, with the audit report publicly released before trading resumes.
We are coordinating with multiple partners to ensure that user funds on the platform can achieve a full 1:1 reserve before trading reopens. We hope to complete this in the next few days.
We are assessing the impact of the attackers on the platform and working to remove illegal transactions while preserving genuine and legitimate user transaction records.
As for when trading will resume, we still cannot provide a specific time. We need to complete three things first: (1) Confirm user funds, (2) Complete the audit, (3) Cleanup the platform. These tasks are actively progressing, and the situation is quite optimistic. Once completed, I will inform everyone of the date for trading resumption.
