Cosmos Hub Recovers 1.227 Million ATOM from Neutron Governance Attack

Cosmos Labs reported that 1.227 million ATOM tokens, stolen during a September 22 governance attack on Neutron, have been secured in a 4/6 multi-signature wallet managed by Nansen, Keplr, Enigma, Silknodes, Kiln, and Polkachu. While approximately 500,000 ATOM were converted to ETH via THORChain and cannot be recovered, and another 169,000 ATOM were sold on Osmosis, the recovered funds are currently held in the multi-sig address and will only be returned following a Cosmos Hub governance proposal. The network was briefly paused for 24.5 hours to mitigate the incident and resumed on September 23 after a patch to Gaia v28.3.0.