Slow Fog Cosine: Matter Labs intervened in the ZKsync $5 million theft incident and restricted the transfer of 70% of the stolen funds.

BlockBeatNews
ZK-2,42%

BlockBeats news, on April 24, Yuxian, the founder of Slow Fog, posted on social media that ZKsync had previously suffered a theft of ZK worth 5 million USD due to the leakage of a certain administrator’s Private Key, and the funds have now been fully recovered. The only sequencer of ZKsync is maintained by Matter Labs, which intervened with the Hacker address and restricted the further transfer of 70% of the stolen funds, on the grounds that these stolen ZK are directly related to protocol governance.

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