Radiant Capital to wind down after $50 million North Korea-linked hack
Radiant Capital said it will wind down operations after failing to recover from a $50 million exploit and secure new funding.The protocol will remain online in a maintenance state, allowing users to withdraw funds and manage positions while development work ends.Investigations linked the 2024 attack to North Korea-aligned threat actors, while recovery efforts were hindered after portions of the stolen funds moved through Tornado Cash.
2026-06-02 05:38:16
