The privacy protocol said payouts will begin this week after an attack that previously drained about 797,000 USDC, later swapped by the attacker for about 454 ETH.
Hinkal said users who completed its recovery process will receive full refunds this week, with payouts expected by July 22. The privacy protocol also said users who have not yet finished recovery can still submit applications. The refunds follow an earlier attack in which Hinkal lost about 797,000 USDC, which the attacker then swapped for about 454 ETH.