SecondFi maps recovery path after $2.4 million Cardano wallet exploit, aims to return funds within two weeks

The Block·

SecondFi maps recovery path after $2.4 million Cardano wallet exploit, aims to return funds within two weeks

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SecondFi is currently mapping a recovery path after a $2.4 million Cardano wallet exploit, which drained funds from 374 addresses over three days through a flaw in the wallet-generation software. The company aims to return the stolen funds within two weeks, a timeframe that will be crucial in rebuilding user trust and maintaining the integrity of the platform.

An exploit drained about $2.4 million in ADA from 374 addresses over three days through a flaw in SecondFi's wallet-generation software.