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Loopscale: Hackers Willing to Return Stolen Funds, Withdrawal Recovery Plan and Incident Report to be Released in the Coming Days

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Apr 28, 2025

Wu Shuo learned that Loopscale officially tweeted that they have received a response from the attacker. The attacker expressed willingness to return the stolen funds in exchange for a bounty. The withdrawal recovery plan and a comprehensive post-incident analysis report will be announced in the coming days.

Loopscale was attacked yesterday at 11:30 AM EST. Due to manipulation of the RateX PT token pricing function, approximately 5.70 million $USDC and 1,200 $SOL were stolen, accounting for about 12% of the platform's total funds.

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