Jimbos Protocol On Arbitrum’s $7.5M Breach

The post Jimbos Protocol On Arbitrum’s $7.5M Breach appeared first on Coinpedia Fintech News

The team responsible for the Jimbos Protocol built on Arbitrum is considering the most appropriate course of action following a $7.5M breach that occurred during the rollout of its Version 2 (V2) released last week. Jimbos is in collaboration with security researchers to recover lost funds. If the attacker does not return the funds, they will plan to contact law enforcement by 4(UTC), to return their lost funds. 

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