IoTex Compensation Plan: The claims portal will be announced on February 27th. Users with damages not exceeding $10,000 will receive immediate full compensation.

SmartContractAuditor · 2026-02-26T12:34:22+00:00

IoTex announces a comprehensive recovery and compensation plan, promising to provide 100% full reimbursement to legitimate users. Affected compliant wallet users will receive immediate or phased compensation and may also receive additional rewards. Claims processing and fund recovery will be announced on February 27.

SmartContractAuditor

2026-02-26 12:34:22

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Odaily Planet Daily reports that IoTeX has announced a comprehensive recovery and compensation plan. They pledge to provide 100% full compensation to all legitimate affected users. Any compliant wallet address holding bridged assets from Ethereum (USDC, USDT, ETH, WBTC) on the IoTeX chain during the hacking incident qualifies for compensation. Users with affected assets totaling no more than $10,000 will receive immediate full compensation, covering over 90% of affected users. Users with affected assets exceeding $10,000 will be compensated in phases and receive an additional 10% reward (distributed in the form of staked IOTX for 12 months). The claims portal and fund recovery deposit address will be announced through official channels on February 27 (Friday).

IOTX0,44%

ETH2,3%

USDC-0,01%

WBTC3,34%

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