The latest news about BG theft and my latest judgment: one ️⃣ The withdrawal plan will be announced before 4:00 AM UTC on September 26th It will be announced before 12:00 noon Beijing time on September 26th. Currently, withdrawals are temporarily suspended, and the platform is conducting additional security checks and repairs. two ️⃣ The Recovery Bounty Program has been launched and the tracking tool has been made public Voluntarily freezing the attacker's funds can earn a 5% bounty, and voluntarily recovering them can also earn a 5% reward. The implemented freeze is counted towards the bounty, while providing real-time tracking dashboard, submission portal, and attacker address API, and accessing Bybit Lazarus Bounty channel. The main attacker receiving addresses (EVM, XRP, ZEC, TRON) have been announced. The bounty is only applicable to voluntary and direct actions that lead to freezing or recovery, and the final determination is determined by Bitget According to the official figures released by BG, the user protection fund has exceeded $464 million, covering a revised loss of approximately $387.5 million, which is affordable on paper. The premise is that the fund is genuine, available, and they use it to fill the gap as promised. Whether the payout can be made smoothly and the withdrawal can be made on time are the two most important points. Let's wait and see tomorrow. However, since the specific withdrawal time has been announced, it seems that there shouldn't be any problem now. Now there are still two questions: one ️⃣ Will there be compensation for BGB liquidation during the theft period? two ️⃣ How is BG planning to use its $464 million protection fund? The current core asset of the protection fund is 5500 BTC. If we really want to use the fund to fill the hole of hundreds of millions of dollars, should we directly deal with BTC and OTC, or should BG use its own cash and liquidity to advance? This difference is significant. Because if there is a need to sell BTC in the protection fund on a large scale in the end, then this matter is not just BG's own business, but may also become a potential selling pressure that the market needs to digest.