Ostium Announces Compensation Plan for 3,666 Affected Wallets

Ostium has detailed a compensation plan for 3,666 wallets impacted by a recent security incident, with the claims process opening this Wednesday. Under the plan, 3,321 wallets with losses under $1,000 will be fully reimbursed. The remaining 345 larger accounts, which represent at least 86% of the total $23.8 million loss, may choose between a $1,000 one-time payment or a pro-rata claim for their remaining assets.