in December BitKeep, a multi-chain wallet said that it would offer full recovery to consumers whose accounts were compromised by a fake program. BitKeep, a multi-chain wallet, has stated it would offer full reimbursements to victims of a December hacking event that cost the project around $8 million.
The team said that victims who were affected by the event are entitled to a complete refund and may make claims. Users initiate the reimbursement process by submitting an application to BitKeep, after which the team will begin reimbursing them.
BitKeep said that the majority of reimbursements should be processed by the end of February, while the remainder should be reimbursed by March. The payment will be made in USDT stablecoin.
BitKeep revealed on December 26 that hackers had forged their wallet program and distributed a malicious version to unwary customers.
According to the project, hackers were able to obtain wallet seed phrases in order to steal cash using bogus software. PeckShield, a security organization, calculated that many wallet customers who downloaded and utilized the counterfeit version lost $8 million worth of crypto assets.
Also Read: Cardano Presents Its Initial New Project At Davos
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
Comments are closed.