Cosmos Recovers 1.23M Stolen ATOM, Awaits Governance Vote
The emergency patch stopped further movement from one attacker-linked address, but custody is not compensation: six multisig signers require a public mandate before distribution.
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The emergency patch stopped further movement from one attacker-linked address, but custody is not compensation: six multisig signers require a public mandate before distribution.
The recovery exposed a timing gap: 168,990.9 ATOM arrived after the sweep, then moved through Osmosis and was sold for about 266,841 USDC.
The proposal and reported losses landed on the same day, but the available details do not establish that the governance actions caused the incidents.