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Tweet by Alex Lab:

ALEX Security Update

We want to update our community about a recent exploit involving ALEX liquidity pools where certain assets in certain ALEX liquidity pools are taken by the exploiter(s). We are actively collaborating with exchanges, partners, and ecosystem contributors to address the situation.

Part of the Misappropriated ALEX Assets have been moved by Exploiter to major exchanges, and such assets are presently frozen by these exchanges following our notification of the ALEX Exploit, thus preventing withdrawal by Exploiter.

ALEX Lab Foundation is offering Exploiter a bounty equivalent to 10% of Misappropriated ALEX Assets for the return of all Misappropriated ALEX Assets to the wallet address(s) from which Exploiter had taken the same. Subject to Exploiter’s return of the Misappropriated ALEX Assets, ALEX Lab Foundation will discontinue ongoing efforts and outreach to law enforcement for recovery of Misappropriated ALEX Assets.

The above bounty offer stands until 18 May at 0800 UTC for Exploiter’s acceptance. Exploiter should contact security@alexgo.io to discuss mechanics for bounty settlement and Misappropriated ALEX Users Assets recovery. 
Tweeted at 2:45 PM · May 15, 2024

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