Overview
- Kontigo reported unauthorized access that drained approximately $340,905 in USDC and impacted 1,005 customer accounts.
- The company says it isolated affected systems, activated security protocols, and launched an investigation with independent cybersecurity firms.
- Services are being brought back online gradually under a reinforced monitoring scheme to protect remaining funds and verify integrity.
- Kontigo committed to reimbursing 100% of losses for affected users, with case-by-case restitution under established procedures.
- A full technical post-mortem and any attribution details remain pending, as the incident coincides with recent attacks targeting crypto users including Trust Wallet exploits and phishing warnings flagged by SlowMist.