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Odin.fun Co-founder: Hacked Funds Frozen, Audit and Remediation in Progress
By: theblockbeats.news|2025/08/19 14:02:08
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BlockBeats News, August 19th, Odin.fun co-founder Bob Bodily stated that some funds in CEX and tokens have been frozen, and they are currently cooperating with the authorities to investigate the individuals involved and attempt to recover the assets. The platform is close to completing the audit fixes, and once the audit party confirms, a public report will be released. Before resuming trading, the platform will ensure that user funds are 1:1 fully covered. The team is also cleaning up the impact caused by the attacker, removing abnormal transactions, and preserving legitimate user transactions. Bob indicated that the resumption of trading will need to wait for fund confirmations, audit completion, and platform cleanup to be ready on three fronts. The timeline is not yet determined, but progress is good.
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