Balancer launches white hat recovery operation and transfers approximately $4.1 million to a controlled escrow account
Jinse Finance reported that Balancer posted on X stating that, in response to the recent Balancer V2 stablecoin pool incident, the Balancer team has initiated a white hat recovery operation and transferred approximately $4.1 million to a controlled escrow account for reconciliation and return. This incident only affects the Balancer V2 stablecoin pools; Balancer V3 is not affected. Balancer reminds community users to beware of phishing and to temporarily refrain from interacting with the listed pools. Further updates will be provided after reconciliation is completed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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