Solido Identifies Exchange Trail for Stolen Crypto Funds

Solido has released a detailed forensic report regarding a recent exploit on its platform. The team successfully traced 84 percent of the stolen funds directly to various exchange infrastructures. This discovery marks a significant step forward in the recovery process for the affected protocol.

By identifying where the assets are currently located, the team is now reaching out to these exchanges for help. They are requesting direct cooperation to freeze the stolen funds and eventually return them to the rightful owners. This approach highlights the importance of working with centralized platforms to track illicit activity.

Investors and users should watch for further updates as these exchanges begin to respond to the recovery requests. This situation serves as a reminder of how protocols track movement on the blockchain even after an attack occurs. Recovering these funds remains the top priority for the team.