Gauntlet, a DeFi research and risk management firm, announced that Resolv Labs has not yet released a remediation plan following a recent exploit. Gauntlet is actively pursuing full recovery of funds through various channels. In response to the incident, Gauntlet has implemented removal actions across several vault markets to minimize impact. Key measures include the removal of the wstUSR/USDC market in Mainnet USDC Core (v1), affecting $7.6 million in liquidity, and the removal of multiple markets in USDC Frontier (v1.1), impacting $4.3 million in liquidity. Additional markets related to Resolv USDC (v1.1) will be removed after a 3-day lock-up period.
Gauntlet Pursues Fund Recovery After Resolv Labs Exploit
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