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Will Truflation recover any stolen funds from the $5 million hack by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Truflation or law enforcement agencies
Story
Coinbase Ventures-Backed Truflation Hacked for $5 Million in Major Breach
Sep 25, 2024, 08:56 PM
On September 25, 2024, Truflation experienced a significant security breach. An attacker launched an attack using malware, resulting in the theft of approximately $5 million. The compromised address lost around 56,872,500 $TRUF, worth about $4.6 million. Truflation is currently monitoring the situation, taking measures to protect funds, and working with law enforcement to investigate the incident. The breach was detected by various security systems, including CyversAlerts. Truflation is backed by Coinbase Ventures. The hack was reported by ZachXBT.
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Through legal action • 25%
Through insurance claims • 25%
Funds remain unrecovered • 25%
Through negotiation with hacker • 25%
Enhance security protocols • 25%
Seek external cybersecurity audit • 25%
Launch a bug bounty program • 25%
No major actions announced • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Perpetrators identified and arrested • 25%
Perpetrators identified but not arrested • 25%
Investigation ongoing • 25%
Investigation closed without results • 25%
