Wu Says he learned that, regarding the previously reported loss of about $1.3 million in CLS treasury funds, Cascade stated that the relevant parties have cooperated in returning the funds transferred out of CLS. The recovered assets have now been deposited into a multi-signature address. All users holding funds in CLS will receive 100% compensation based on the account value before the counterparty injected funds into the platform, at 05:08 on July 16 (UTC+8 time). Cascade expects to open a claims portal within the next few days.

CLS-9.01%
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