Overview
- Kontigo reported that attackers drained 340,905 USDC from 1,005 customer accounts after unauthorized access was detected.
- The company vowed to reimburse 100% of losses, and one report cites a same-day statement that refunds for all impacted amounts were processed.
- Kontigo said it isolated affected systems, activated security protocols, and engaged independent external cybersecurity specialists as the investigation continues.
- Services are being brought back online in phases under a reinforced monitoring scheme, with restitution handled case by case.
- The CEO indicated internal accounts were also touched and the firm signaled it had identified those responsible, with further details pending a full post‑mortem.