TechFlow reports, on October 13, Stars Arena announced on Twitter that it is using recovered funds to cover losses. The total loss to be compensated amounts to 274,333 AVAX, of which 239,493 AVAX have been recovered. All expenses incurred so far will be added to the recovered funds, and the team will also obtain loans from private investors to cover the shortfall.
Previously, Stars Arena stated that approximately 90% of the lost funds had been recovered, with the hacker receiving a 10% bounty and the 1,000 AVAX lost in the cross-chain bridge.
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