AFX bridge exploit: white hat settlement offer extended to attacker with 70% asset recovery and 30% bounty retention.

Security & Exploits · 2026-07-25

AFX has offered a white hat settlement to the party responsible for a recent bridge incident, proposing that 70% of stolen assets be returned to a designated address while the attacker retains 30% as a bounty. The offer, transmitted onchain, prioritizes user asset recovery and swift community resolution, with the terms available for a limited time.

Previously on Telem

AFX bridge exploit drains $24.15M USDC on Arbitrum 2026-07-23
Blockaid detects exploit draining $24.15M USDC from AFX bridge 2026-07-23
AFX bridge on Arbitrum exploited for $24.15M USDC 2026-07-23
AFX offers bridge exploit perpetrator 70-30 white hat settlement terms 2026-07-23