TechFlow reported that Cypher Protocol, a Solana-based decentralized futures exchange, successfully froze $600,000 worth of cryptocurrency stolen during the security breach on August 7.
Cypher Protocol stated in a Twitter post on August 18 that with assistance from several independent blockchain investigators, more than half of the stolen funds have been successfully frozen at centralized exchanges. The return of these funds will depend on cooperation from the centralized exchanges and seizure orders issued by law enforcement agencies.
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