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Venus Protocol: Assets of Phishing Incident Victims Have Been Restored in Equivalent Value Based on Today's Token Price

By: theblockbeats.news|2025/09/08 04:22:32

BlockBeats News, September 8th, Decentralized lending protocol Venus Protocol tweeted that after conducting due diligence, the team has officially returned the $11.4 million position to the victim Kuan Sun (@KuanSun1990) at today's token price.

Prior to this, Venus Protocol released an analysis of a phishing attack stating that on September 2nd, user Kuan Sun suffered a loss of approximately $13 million. Within 13 hours, the Venus team took measures such as pausing the protocol and forcefully liquidating the attacker's wallet to successfully recover all funds and restore normal protocol operation. A security audit confirmed that the protocol itself was not compromised.

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