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      Ostium Recovery Plan Completes Full Repayment for Majority of Affected Wallets

      The Ostium Recovery Plan has successfully repaid 3,321 wallets in full, following a significant loss of $23.8 million due to a hacking incident. Wallets that experienced losses of $1,000 or less will receive complete reimbursements when the recovery portal opens on Wednesday.

      However, 345 wallets that account for at least 86% of the total loss face a different situation. These wallet holders must choose between receiving a $1,000 payment or opting for a pro-rata claim on the funds that Ostium has yet to recover. This decision comes as part of the company's efforts to manage the aftermath of the breach and ensure fair compensation for its users.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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