DEXX Initiates Legal Action Following Security Incident

According to PANews, DEXX, an on-chain trading terminal, has announced updates regarding a recent security incident. The company has officially filed a lawsuit and is collaborating with the SlowMist team to assist law enforcement in the ongoing investigation. DEXX is also actively discussing a compensation plan for affected users. In a statement, DEXX assured users that if all stolen assets are recovered, full compensation will be provided to ensure that user interests remain unaffected. In the event that only a portion of the assets can be retrieved, the platform will still fulfill its compensation responsibilities, with specific plans depending on the amount recovered. DEXX is currently mobilizing all available resources to recover the stolen assets and resolve the issue as swiftly as possible. Previously, SlowMist reported that the DEXX incident has impacted over 900 victims, with total estimated losses amounting to $21 million.