Digital assets stolen in a hack on crypto lending platform dForce last week have been returned to customers.
"Over 90 percent of assets have been distributed to users in less than 24 hours. 100 percent users have been made whole in the recovery. We will disclose more future actions shortly," the company tweeted.
CEO Mindao Yang said in a blog post a week ago that the funds had been "recaptured through the efforts collaboratively made by our partners, law enforcement, investors, the community, and our team members."
In another Medium post on Sunday, the company explained how it has been working since April 25 to audit asset data with a third party and establish a risk management procedure for the redistribution of customer's funds.
Additionally, the company had been working to develop an "Asset Recovery System" to enable the smooth transition of users assets back to their MetaMask wallets, as well as finalizing a post-asset-redistribution action proposal to its community.
"Following the return of the stolen funds, all assets have been stored in a cold wallet. The funds are secure, and we’re eager to return them," the company said at the time.
As recently as April 14, the dForce Foundation closed a $1.5 million strategic round led by Multicoin Capital and joined by Huobi Capital and Chinese bank CMB International. The funds were to be used to grow its team and launch additional DeFi products in the coming year.
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