Alex Lab officially posted an update on the theft incident on social media, saying that we are committed to transparency and user compensation. Since June 5, 2024, all ALEX revenue has been used to compensate users affected by the hack. Previously, it was reported that ALEX Lab lost $4.30 million in the attack and promised to provide hackers with a 10% bounty to return the stolen assets. It has since recovered some of the stolen funds and is considering remediation for affected users.