Radiant Capital DAO Releases Community Redress Plan

CoinRank News: Radiant Capital suffered a targeted attack last October, resulting in the theft of user deposits in the Arbitrum and BNB chain core lending markets. To this end, Radiant DAO announced the launch of a transparent, community-led remediation plan, with a remediation framework targeting two different groups of affected users: 1. Lending Market Depositors: including users who deposited directly to the Radiant lending market, deposited through Radpie, or deposited into the RIZ vault, including unclaimed pre-exploitation dLP rewards. 2. Unlimited Approval Exploit Group: This group consists of users who suffered losses due to granting unlimited token approvals to the hijacked Radiant lending contract, and due to the unlimited limit, the funds in the wallet were directly drained from.